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Technology Stocks : XLA or SCF from Mass. to Burmuda

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To: D.Austin who started this subject8/23/2000 10:32:20 AM
From: coach4def  Read Replies (2) of 1116
 
The GTR is out and the final piece is a mention about Mirror Image and XLA.

Here it is:

The Mirror Image advantage

Like every technology star that suffers a collapse of its stock price, Mirror Image (XLA) is now beset with class action shakedown suits. The complaint—that the company falsely touted its storewidth technology-has already been refuted by events. On April 26, the leading Internet hosting company, Exodus, adopted the Mirror Image system and claimed a 15 percent stake in the company for $638 million, giving Mirror Image $75 million in cash and two percent of Exodus. Also a partner is Hewlett Packard, which invested $52 million in the company and is driving the buildout of its technology. Other collaborators in the "scam" include Lucent's optical switching division and the storewidth division of Compaq.

Mirror Image represents a new paradigm in storewidth. Competitive content accelerators such as Adero and Akamai, give their own content vending customers an advantage over non-customers by dispersing content through thousands of servers. As a result, the more customers they get the less the advantage. Already serving some 55 Internet Service Providers at the National Access Point (NAP) level, Mirror Image improves the performance of the entire net. Gilder Publishing is one of many companies now beta testing MII content distribution services (publicly available in September). A tire manufacturer faced with a firestorm of recall inquiries turned to Mirror Image to solve its problem by quickly connecting its site to the closest Content Access Point (CAP). Although MII does not activate a CAP until they can connect all major carriers in a region, 17 CAPs are now up and running, each housing $2 million worth of Cisco, HP, Sun, Oracle, and Veritas gear. By 2001, MII plans to have 32 CAPs installed, once again exceeding all early promises of its management to the GTR.

There you have it...digest at will
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