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Enron Mail |
Brian/Jeff
I reviewed the articles on Global Photon for more detail, and found references to the following contracts: 6/7/00 $100 million contract with Alactel to build a fully integrated submarine and terrestrial Dense Wavelenthg Division Multiplexing network in California (a 2000 km network called the Global West Network) 4/19/99 Tyco International Ltd.'s Tyco Submarine Systems Ltd. unit signed a $93 million supply contract for Global West, a five segment fiber optic undersea cable system that will connect major cities along the California coast. TYC said an operations, administration and maintenance contract will bring another $50 million, and two optional segments could increase the value by an add'l $25 million The permits obtained to begin the project are referenced in a press release on the company website. There is no other supporting evidence of these contracts or any other, nor further mention of Global Photon's Global West Network project. --ES Ethan Schultz Analyst Enron Broadband Services - Bandwidth Origination 713-853-4373 713-646-8795 (Fax) 713-582-0637 (Cellular) Brian Spector 06/20/00 12:03 AM To: Ethan Schultz/Enron Communications, Jeff Dasovich/SFO/EES@EES cc: Subject: Re: Global Photon Systems, Inc. Ethan, Thanks for the research. My cursory review of the articles turned up one interesting fact: they claim that GP has signed a $100 mm contract with Alcatel - a euro telecom company. Please: Re-review the articles to see if that is correct and any other contracts you can find. Try to double check the press releases by looking at alcatel's published financials if any. This is a pretty low priority thing. Try to have it done by Friday afternoon. Thanks, Brian PS: How is it going with Matt J?
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