StorageNetworks, Inc. (STOR) Message Board

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Technology Stocks : StorageNetworks, Inc. (STOR)

STOR 32.21

0.0%

Feb 3 4:00 PM EST

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To: andydaoust who wrote (161)	2/17/2002 10:37:56 PM
From: D.Austin	Read Replies (1) of 187

StorageNetworks' revenue doubled in 2001 to $124 million, but the net loss doubled too ! $225 million, compared with $124.9 million in 2000. >Why is the stock hitting 52 week low?< (Lack of TRUST,lack of cash,insiders dumping shares) GX EXDS WCOM NXTL AWE LOR T Q MCIT COLT TWTC and countless others in the telecom sector all contributed to the 900 + billion dollar telecom debt.This CANNOT be taken lightly. I believe this will have a huge impact on the financial sector. Are you adding shares because you think the bottom is here ? I believe trading in and out of some of these companies will satisfy addictive behavior.But a bear market is a bear market and certainly not a market for adding long. These high flying companies from our past,most likely will never fly as high in our future.Some will never get off the ground again. JMHO of course good luck

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