Jim Crowe’s planned strategy is unrealized in present time. Crowe believed that internet traffic was growing by 1,000 percent when in actuality it was growing 100 percent a year. Many of the companies failed and went bankrupt, but Crowe’s company did not because of large sums of money thrown back into the company. With this abundance of money, Crowe decided to invest in Software Spectrum and Corporate Software two companies that helped secure Level 3 Communications and ensure investors and stockholders to have faith in their company.
Jim Crowe still believes that in the end his dream of huge traffic on the internet and the necessity for the amount of fiber optics his company is able to supply will bring him the same if not more of a gold rush when he owned MFS’s UUNet. So even though Crowe’s strategic planning didn’t work out at first, the company of Level 3 Communications still believes Jim Crowe’s “original vision will be vindicated”.
Monday, September 24, 2007
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