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Panelists' Predictions for Carrier Hotels and Data Centers Range from Bearish to Bullish

NEW YORK CITY-Over the course of the Information Management Network's two-day conference, Carrier Hotels and Internet Data Centers, at the Marriott Marquis here, those in the industry niche evaluated demand now and predicted its future.

By Amy Vaughn | Updated on February 14, 2001

NEW YORK CITY-The two-day Information Management Network conference, which just wrapped up yesterday (Feb. 13) at the Marriott Marquis here, was best summarized in its beginning. The first panel discussion focused on the outlook for carrier hotels with anecdotal evidence of demand from industry executives and predictions in light of the economy and current business trends. The pronouncements for the future ranged from John Wilson’s bullish view to Michael Liss’ bearish idea the recession is here and will last longer than most are admitting.

John O. Wilson, CEO of Wave Exchange LLC, said that the future of the carrier hotel or technology industry as a whole is “a difficult topic to qualify” and “if any of us gets it, we should be advising Alan Greenspan.” With plans to expand they’re current holdings, he announced, “We’re bullish about the future.”

Wilson acknowledged a slowdown and the “meltdown of the NASDAQ,” but said “Fiber optics are gaining power. Wireless technology is a segment that will see tremendous growth. Wall Street is saying, ‘Show me the money,’ but when we solve the last mile impediment with the local phone companies holding on to it, we will see an explosion in bandwidth sales. There will be relentless growth there.”

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