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Technology Stocks : Korea Thrunet Co Ltd - (KOREA)

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To: Mohan Marette who wrote ()12/10/1999 2:07:00 PM
From: Jack Hartmann  Read Replies (1) of 406
 
Good news. By Brenon Daly, Susan Lerner & Tomi Kilgore,
CBS MarketWatch Last Update: 1:39 PM ET Dec 10, 1999:
--1:39 pm Korea Thrunet's new backbone should reduce lease
payments Korea Thrunet (KOREA: news, msgs) announced that it has recently upgraded its Internet backbone. The company said that it has designed the network by leasing dark fiber as an alternative to the current leasing of bandwidth capacity. The Korean, high-speed Internet ISP expects a dramatic decrease in lease payments by choosing dark fiber over bandwidth as subscribers increases. The stock is trading of 1/2 to 65 3/8.

I like the decrease in lease payments.
Jack
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