Word: glutting
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...Crossing's international network seemed like the right idea at the right time?investors certainly bought into the conceit, driving Global Crossing stock price up to a peak of $60 in February 2000. As Internet traffic has slowed, however, that optimistic build-out has resulted in a fiber-optic glut?too much capacity and too little traffic. Transmission prices on some routes fell 50% a year in 1999 and 2000. Analysts estimate that less than 5% of Global Crossing's total capacity is being utilized. "They built a formidable network, but they got caught between rapidly mounting debt...
...that, unfortunately, is the problem—the band’s U.S. debut, Detonator, fails to distinguish itself from the current glut of angry, amorphous Screamo available to the angst-ridden. Bleachmobile’s music is by no means bad—they are solid musicians and adopt convincing hooks reminiscent of Rodan, power-violence band Charles Bronson and the Bloody Mannequin Orchestra—but little is memorable on their 23 minute opus...
...renovation included the replacement of all of the equipment in the weight and nautilus rooms, most of which was more than 20 years old. The “glut of stair masters,” as Wentzell puts it, were replaced by elliptical trainers, which people were “clamoring...
...Item 1: Weekly financial bible Barron?s takes a week off from bemoaning the moribund economy and runs a Saturday cover story entitled "The Coming Energy Glut." It details how energy producers' days of scarce juice and soaring profits are likely behind them. Yours truly follows up with a wider, shallower view suggesting that the promises of George W. Bush?s energy plan will, being largely unnecessary, go largely unfulfilled. Both are pieces are by writers based in New York City...
...Armstrong blames AT&T's own anemic margins on expensive upgrades that will pay off down the road when movies on demand are the thing and the broadband glut turns back into a scarcity. But a CEO's first obligation is to his shareholders, and the shareholders are restless...