The Great Telecom Meltdown.The Great Telecom Meltdown meltdown Occurrence in which a huge amount of thermal energy and radiation is released as a result of an uncontrolled chain reaction in a nuclear power reactor. The chain reaction that occurs in the reactor's core must be carefully regulated by control rods, which absorb Fred R. Goldstein Artech House c/o Gulotta Communications Inc. 341 Lexington Street Newton, MA 02466 1580539394 $79.00 www.booktours.com In The Great Telecom Meltdown, author and telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. expert Fred R. Goldstein offers an informed and informative analysis on just what went wrong with the telecom industry when the telecom stock market bubble A stock market bubble is a type of economic bubble taking place in stock markets when price of stocks rise and become overvalued by any measure of stock valuation. The existence of stock market bubbles is at odds with the assumptions of efficient market theory which assumes burst. Moreover, Goldstein offers invaluable and practical advice for keeping this economic disaster from reoccurring, and even how to profit from such an event in the future. Of special note is Goldstein's analysis revealing that the dysfunctional dys·func·tion also dis·func·tion n. Abnormal or impaired functioning, especially of a bodily system or social group. dys·func elements that would lead to the boom-bust cycle crash of the telecommunications industry began long before the Telecom Act of 1996 (itself a belated be·lat·ed adj. Having been delayed; done or sent too late: a belated birthday card. [be- + lated. , overly compromised reaction to an obsolete regulatory model). Highly recommended and essential reading for anyone working, regulating, or investing in the telecommunications industry, The Great Telecom Meltdown is completely accessible for non-specialist general readers with an interest in how the telecom bubble came to burst. |
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