Epoch Partners Issues Research Note on 360networks
March 02, 2001 05:30:00 AM ET
Research Note Highlights Q4 Results
SAN FRANCISCO, March 2 /PRNewswire/ -- Epoch Partners today issued a Research Note analyzing fourth quarter results from 360networks TSIX. The Research Note, issued today by Mark Langner, Senior Analyst for Broadband and IP Data Services, is available for free to investors through the Epoch Web site (www.epoch.com).
epoch.com
The following are key highlights included in the Research Note:
-- 360networks lowered financial expectations for 2001, after posting
quarterly results that exceeded expectations on the top line.
-- The primary culprit underlying the company's downward revision of its
estimates is softness in the purchase of IRU capacity and dark fiber by
the company's carrier customers.
-- Although demand for bandwidth remains strong, visibility into the
business and financial model of the company on a cash basis may be
cloudy.
Broadband and IP Data Services Research Coverage
Investors can visit Epoch's Web site for an in-depth analysis of the Broadband and IP Data Services industry and to read research coverage on the following public companies in this sector: 360networks, Akamai Technologies, Covad Communications, Digital Island, Equinix, Exodus Communications, InterNAP, Level 3 Communications, and StorageNetworks.
In addition, investors can be added to the Broadband Services email alert system, which alerts investors to new research in the Broadband Services sector. To be added to this alert system visit pluto.sparklist.com. Epoch has also posted video interviews with George Conrades, CEO of Akamai Technologies, and Jay Adelson, CTO and co-founder of Equinix. Full research on these and other companies under coverage by Epoch is available for free to investors at www.epoch.com.
Epoch Partners is a technology-enabled investment bank focused on high-growth companies and electronically connected institutional and individual investors.
The information contained herein is based on sources believed to be reliable but is neither all inclusive nor guaranteed by Epoch Partners. Opinions, if any, reflect our judgment at this time and are subject to change. Epoch Partners does not undertake to advise of changes in its opinion or the information. Epoch Partners may perform or seek to perform investment banking services for the issuers of securities which are the subject of our Research. Most of the companies Epoch Partners follows are emerging growth companies whose securities typically involve a higher degree of risk and more volatility than the securities of more established companies. The securities discussed in the Epoch Partners Research may be unsuitable for investors depending on their specific investment objectives and financial situation and needs. No report included in the Epoch Partners Research is a recommendation that any particular investor should purchase or sell any particular security in any amount or at all and is not a solicitation of any offer to purchase or sell from or to any particular investor. For additional information that may be available on the securities mentioned, please contact Epoch Partners.
Epoch Partners is a member of the National Association of Securities Dealers, CRD number 103899.
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