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Technology Stocks : METROMEDIA FIBER NETWORK (MFNX)
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To: straight life who wrote (521)8/24/1999 12:14:00 PM
From: Curtis E. Bemis  Read Replies (1) of 1983
 
Thanx-- The ENRON thing is interesting. As you probably
know, ENRONs roots are in the electrical power business.
They currently act as power brokers, mostly in Southwest
and West selling/trading/brokering excess power to those
who need it.

ENRON also maintains a huge trans-US natural gas
distribution system and they suddenly realized that
stringing fiber optic cable along their gas pipelines
was a good thing to do. Now, they enter the "bandwidth
broker" arena as well. Tis a bit different than electrical
power distribution where all you have to do is "throw the
switch" but the idea is similar.

Coming back to MFNX+AboveNet-- This IS their business but
not necessarily the broker part--It could be, tho--
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