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Technology Stocks : AboveNet Communications, Inc. (ABOV)
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To: Colin Cody who wrote (276)4/1/1999 8:52:00 PM
From: Tom Hua  Read Replies (1) of 835
 
Colin, still have your WEBT? I bought right at the open, sold 15
minutes later when it ran up too fast, bought back again in the pm.
On Monday, I think WEBT will be a 5 pts gainer, ABOV a 7-10 pts
loser. Just some tidbits between these 2 companies for you to chew on:

WEBT ABOV
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MC, $MM 656 1,700

98 rev, $MM 8.0 6.8

Net Inc (loss), $MM 0.2 (12.0)

# of customers 20,000 400

Main customers 1/3 of Fortune 500 mostly mom-and-pop

Targeted customers all web servers, small businesses
intranets, extranets

---------------------------------------------------------------------

Long WEBT/short ABOV sounds like a good combination to me.

Regards,

Tom
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