Re: leaning toward the metro side of optical stocks
Well MFNX will probably be the next bankruptcy, but if its market were to pick up, it would represent a heck of a buy.
It's currently trading for 7 cents, down from $96 two years ago. To get back to where it was 2 years ago, it will have to rise 130,000 percent!
If there's an impending shortage, nobody else is seeing it coming.
:-)
Customers can take advantage of MFN's complete, end-to-end solution or select individual components to complement their existing infrastructures. By leasing MFN's metropolitan and regional fiber, customers can create their own, private optical network with virtually unlimited, un-metered bandwidth at a fixed fee. For more reliable, secure and high-performance Internet connectivity, customers can use MFN's private IP network to communicate globally without ever touching the public-switched network. Moreover, MFN's comprehensive managed services enable companies to create a world-class Internet presence, optimize complex sites and private optical networks, and transform legacy applications, all with a single point of contact. PAIX.net, Inc., a subsidiary of MFN and the original neutral Internet exchange, offers secure, Class A co-location facilities where ISPs and other Internet-centric companies can form public and private peering relationships with each other, and have access to multiple telecommunications carriers for circuits within each facility. |
