InvestorPlace.com Insights    [IMAGE]Special Investing Bulletin From InvestorPlace.com Advisor Michael Murphy Editor, Technology Investing   December 14, 2001  Buy This Stock Now?and Reap BIG Profits From the Biggest Lie in Technology Today      Microsoft's new operating system, Windows XP, was released in November and is currently selling at record-breaking retail levels. Funny thing is, no one's talking about the most exciting aspect of this system?or the money it can make savvy investors who understand where to invest. That's what I want to tell you about today.  You see, Windows XP transforms the Internet into a poor-man's version of the virtual private network. The promise has actually     A word from our sponsor  Low-Cost Term Life Insurance...and no hassles!   We've been serving the needs of smart investors for the past 114 years. Click here , and in less than 5 minutes you'll have a FREE, custom quote from Ameritas Direct, a division of top-rated Ameritas Life Insurance Corp. For some of the LOWEST term rates available, please check us out TODAY.     been out there for quite some time. But frankly, the operating system couldn't handle all the complexities of doing Internet videoconferences.  Well, now it finally can. All it takes is a $100 camera?a couple of speakers?and a phone line. You can share a spreadsheet, a white board, any sort of collaborative notes-and hold a productive, real-time meeting without ever leaving your desk. It's PERFECT for the home office. A fantastic face-to-face sales tool. Heck, we're installing the cameras all over the place at my offices for immediate feedback-something that's of critical importance in the money management world.  In short, the point I'm trying to make is that video Internet meetings finally really work-for the first time-thanks to Microsoft XP. And I know from experience, there's a huge PENT-UP DEMAND. What's more, the recent terrorist events will only increase the desire for virtual face-to-face meetings, instead of actual travel. Now Let Me Show You What All That Demand Does to Capacity...and How You Can Profit From This Trend   Let's say you have a group of five people that e-mail back and forth regularly. But now they have the opportunity for a half-hour Internet meeting. That single video face-to-face eats the same equivalent bandwidth of one year's worth of their e-mails!  Now let's say they love the experience-and they will. Pretty soon they're meeting regularly. They all hook up a system at home to     A word from our sponsor  Free Investment Seminar...  Join InvestorPlace.com editors & other top Wall Street advisors at The 24th Annual Florida Money Show. Admission is FREE.... For details click here , or call 800/970-4355. Mention priority #001071.        chat with friends across the country. After all, it really is the next best thing to being there?and it's DIRT-CHEAP-airtime is free-as well.  What industry-which company-will benefit most from this soaring demand? To answer that question, I need to tell you about one of the biggest secrets in technology today. Call it a misconception, if you will.   I call it a bald-faced lie-one that has individual investors completely in the dark about an opportunity of immense proportions. I'm talking about the so-called "glut" of fiber optic cable.  As I've been telling my TECHNOLOGY INVESTING readers, I believe the build-out has really just begun. In fact, I can prove it. And companies that make the fiber are tremendous long-term investments.  But right now, I want to fill you in on just one aspect of the fiber business that will make you quite rich, a whole lot quicker.  Here's the deal: Yes, there is a large amount of unutilized fiber optic cable out there today. But that's not a problem for the tech industry. It's an opportunity.   You see, 95% of all the fiber that has ever been laid is "dark"-that is, it's not activated. At a recent investment conference, I explained it like this: "You know what dark fiber has in common with a bushel of wheat? You can't send data over either one of them."  Before this fiber can be used, it has to be "lit." Who do you call to do the job? You call Nortel, you call Cisco, you call Lucent. Then they all call ONE COMPANY to get the parts. THAT'S the stock I want you to buy now.  Low Risk With Ten-Bagger Potential  I'm looking at a double-possibly a triple-by this time next year!   And I fully expect to multiply our money 10-times over by 2007. Best of all, this stock is so beaten-down, there's little risk from here. Point is, if I'm right-and I'll gladly stake my reputation on this call-just a small investment now can make you a huge pile of cash. The stock? None other than optical powerhouse JDS Uniphase (NASDAQ: JDSU).  Here's my reasoning:  When the World Trade Center got hit, the Internet slowed down-very noticeably slowed down. What does that mean? There isn't enough capacity or redundancy built into the system to accommodate a blip in demand.  I believe people in government are very worried about this problem. After all, this is the second time it's happened. Back in July, a tunnel fire in Baltimore slowed the Internet to a crawl for two full days because an optical cable got caught in the snare.  That means our communications systems-and therefore our economy-are very, very vulnerable.  Ten years ago, it wouldn't have mattered. But today, commerce and security is COMPLETELY DEPENDENT on those systems. Virtually nothing moves without it. That's how banks and brokerages transfer funds?how dispatchers route fleets of trucks?how many Americans get paid through direct deposit.  And we are closer to the breaking point than 99.9% of Americans even begin to understand. Here's one example.  Qwest-one of America's biggest carriers-recently said they're 63% loaded on their network. That doesn't sound too bad?until you understand how these networks operate. You can't load a network much past 65%. In fact, 70% is virtually catastrophic-because the network spends so much time searching for open channels, it doesn't spend any time actually sending packets of information.  The system locks. Communications stops. The nation comes to a standstill. Quite simply, America is falling behind the rest of the developed world, and we've got to catch up fast!  Internet traffic systems currently run faster in Australia, Europe and even South America. That's because we push out more data than everyone else-but we're not increasing capacity at anywhere near the needed rate.  Get this-data traffic is DOUBLING every year now. That means a network running at 63% of capacity needs to double its load by this time next year just to keep up. That's why the fiber must-and will-be lit. Otherwise business, the economy and our national security are all in the crapper.  So how does a smart investor profit? As I mentioned, the Big 3 systems manufacturers (Nortel, Cisco and Lucent) handle the contracts. But they're all in tough competition with one another. I prefer JDSU, which gives these guys the TOOLS they need to do the job.  There's very little credible competition at that end. If you want reliability, great service and appealing cost structures, it's the ONLY place to turn.  At the height of the boom, JDS Uniphase's stock was nearly 20-times higher. What changed? Spending on communications networks dried up. Now the government is ready to pump $100 billion in emergency spending into the economy; interest rates are practically zero; and the need isn't just vital for the economy anymore-it's a question of NATIONAL SECURITY!  That's why I'm so sure of the immense opportunity ahead if you invest in JDSU today. What's more (here's the best part!) this is NOT the only fiber optic play I'm recommending my TECHNOLOGY INVESTING readers load up on now.   For the full story-and my complete recommendation on JDSU and other top tech picks-I want to tell you about a very special opportunity. Sign up for my FREE email seminar, "Success Secrets of a Tech Stock Pro" now, and each week for the next month, I'll send you a special investing bulletin just like this one-profit-packed with the very best tech investing opportunities today?the full story on JDSU and the fiber "glut"?my top biotech pick for 2002?the 4 questions you must ask before buying a single tech stock next year?ways to avoid the technology investing mistakes that cost most investors millions of dollars in profits this year?and MUCH, MUCH more! It's FREE and only available for a limited time to InvestorPlace.com members! Click here now  to sign up.     ACCOUNT MANAGEMENT  We hope this free digest of investing advice is valuable to you. 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