360networks formerly Worldwide Fiber Inc. Message Board

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Technology Stocks : 360networks formerly Worldwide Fiber Inc.

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To: Digital-Fluid.com who wrote (93)	4/18/2000 8:03:00 PM
From: Digital-Fluid.com	Read Replies (2) of 125

$12-$14 Price The price range for the much anticipated 360Networks' IPO is $12-$14 per share. It is scheduled to trade on the Nasdaq (TSIX) and TSE (TSX) on Thursday. I am loading up on Shaw Communications (SJR, SJRb.to), GT Group Telecom (GTTLB, GTGb.to), AND Canadian National Railway (CNI, CNR.to). They all have equity stakes in 360Networks. Renaissance Capital has chosen 360Networks as this week's IPO: It is a rapidly growing fiber network operator with ambitious plans for a worldwide network by the end of 2001. The company is laying fiber both in the ground in the Americas and Europe and undersea connecting the continents. With demand for data services growing at an exponential rate, 360networks should have little trouble finding customers. In addition, 360networks has an excellent management team led by the former CFO of Microsoft, Greg Maffei and including Michael Dell and Dr. Nathan Myhrvold, the current CTO of Microsoft, on their advisory board and John Malone of Liberty Media on their Board of Directors. While competition is fierce in this emerging area and prices are falling, this is a strong company with excellent growth prospects.

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