Did a little DD on ATHY while sucking down that 1st brew - this co. turns me on. Company is similar to ABOV and EXDS.
Customers:
Bank of New York, General Electric Corporation, theglobe.com, Inc., NEC
Corporation, Road Runner Computer Systems, Inc. (a joint venture of Time
Warner, MediaOne Group, Inc., Microsoft Corporation, Compaq Computer
Corporation and Advance/Newhouse Partnership), Eastman Kodak Company,
KPMG Peat Marwick LLP, Northrop Grumman Corporation and Bell Atlantic
Corp.;
- through NYSERNet, Cornell University, Columbia University, New York
University, the New York Public Library and the New York City Board of
Education; and
- through the New York State Department of Labor, the U.S. Department of
Labor and a consortium of 46 states and territories.
Our existing network consists primarily of a robust, regional backbone. Together with IXC, a significant equity holder in our company, we are in the process of deploying the Gemini2000 Network, the first coast-to-coast, next generation Internet backbone network to carry both research and commercial traffic. The Gemini2000 Network is a fully redundant, high performance national network that will enable us to offer Internet access and backbone transport services at speeds that are 100 to 1,000 times greater than those generally available to end users today. We also intend to build three new distributed data centers, co-located at Gemini2000 Network super-core sites, linked together to form a "virtual gigacenter." Our network and distributed data centers will enable us to offer our customers:
- greater network reliability;
- lower downtime;
- simpler configurations for connecting multiple site locations;
- specialized VPN solutions;
- faster downloading of data;
- reduced Web server load; and
- better disaster recovery.
Historically, we have generated our revenues using a small sales force and have expanded our customer base primarily through word of mouth. We are rapidly building our sales and marketing efforts nationally to more aggressively pursue customers. We have targeted 29 metropolitan areas throughout the United States with high concentrations of businesses and intend to grow our direct sales force by more than 100 over the next two years. These targeted markets coincide with IXC's points of presence (POPs), where we plan to have a physical local presence.
Has much better revenues than ABOV or EXDS...
ipocentral.com
Great Underwriter --->> Bear Stearns
Target $50.
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