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Technology Stocks : AboveNet Communications, Inc. (ABOV)
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To: Jon K. who wrote (307)4/4/1999 3:33:00 PM
From: Epicenter  Read Replies (1) of 835
 
Actually, ABOV has back-up facility, so, the VA facility should be able to take over (and prove once and for all, ABOV has far superior technology to EXDS etc.) If a big one hits CA, that will be a major tragedy but will also create enormous economic chaos (and subsequent opportunity). (just imagine all of the major companies that have main facilities on the West coast). My average price is $48 so even if it went down to $60, that's not too bad. That is 25% return over a 2 months period. If one imagines that ABOV, EXDS, Global Center, and maybe Hi-Way split even one-half of the world's co-location facility, a market cap of $12 billion is dirt cheap.

Epicenter
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