Rodent Regatta

have taken fewer hits than the rest, yet even those two haven’t gone unscathed. I cannot help but believe in some way that we’ll look back at current telecom valuations and we’ll find just as much to be amazed at as we’ve found in the absurd valuations during the dot com craze. These companies may morph, but in some form, many of them will survive, recover and ultimately flourish.

Question Marks at Cable and Wireless. With Cable and Wireless’s stock price floundering, investors are increasingly calling for a shake-up, including the shutdown of some units and the resignation of C.E.O. Graham Wallace. By Suzanne Kapner. [New York Times: Business]