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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (12071)9/12/1999 1:02:00 PM
From: Baton  Read Replies (1) of 57584
 
Rande: We talk a lot about broadband, but what about fiber optics? It seems to me while cable might be the future for the next 5 years, we are going to demand more and more bandwidth. The long term future could well be fiber optics and wireless. One company that looks interesting is MFNX. They are completing their merger w/ ABOV and look well-positioned for the future. They are currently around $28 and well off of their 52 week high of $45. I remember one of our regular posters (was it Banchee or XR600?) bringing it up several weeks ago as a long term buy. Of course, we all wish we had the original IPO price of $1 7/8 two + years ago. Any thoughts from others re MFNX or other fiber optic companies?
Baton
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