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Technology Stocks : Viatel (VYTL)

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To: Sanjay Jain who wrote (27)2/20/1998 10:12:00 PM
From: blankmind  Read Replies (1) of 157
 
i received a call from the firm that represents vytl's ir:

- expect a series of press release in the next week or two.

- earnings first week of march, will meet expectations

- european financing in place for expansion

- begun to resell bandiwth

- internal mgmt problems resolved (this is what caused the initial drop in price)

- sales force revamped in europe

- current 32 pops in europe, will double in the next year

- building own network in europe, and expect it to be profitable in year 2000 (this seems to aggressive to me)

- i called because of the abnormal amount of shares trading - she said vytl is still waiting for a reply on this: a 13g has been filed.

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