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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (39835)	6/6/2001 9:09:11 AM
From: IQBAL LATIF	Read Replies (1) of 50167

Metromedia Fiber Network Inc. (NasdaqNM:MFNX - news), which builds high-speed, fiber-optics communications networks, rose to $5.40 before the opening bell after closing at $4.65 on the Nasdaq. It had signed a deal with Deutsche Telekom (NYSE:DT - news) to provide the German telecommunications giant with optical equipment and services. Priceline.com Inc. (NasdaqNM:PCLN - news) jumped to $6.40 before the bell after closing at $5.45. Two firms controlled by Hong Kong's richest man said they would buy an additional 25 million shares in Priceline.com for roughly $109 million in a deal that could help the popular U.S. Internet travel and commerce site expand overseas.

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