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Technology Stocks : AppliedTheory Corporation (ATHY)

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To: wily who wrote (46)	5/10/1999 9:21:00 AM
From: Mohan Marette	Read Replies (1) of 98

Here is the press release which mentions ATHY from Steve Harmon,says he like both ABOV and ATHY. =============== By Steve Harmon Senior Investment Analyst Internet.com "Where Wall Street Meets The Web" ............................ Above, And Beyond? "Steve, what is your opinion of AboveNet (ABOV), the Web-hosting provider? It is down about 45% from its high and just raised approximately $340MM in cash from a secondary, so it seems poised to go on another expansion spree. By the way, looking forward to reading your book when it comes out. Reply: At these levels I prefer Exodus (NASDAQ:EXDS - news) or Applied Theory (NASDAQ:ATHY - news) , although ATHY is a little too dependent on two customers for over half its revenue. AboveNet's (NASDAQ:ABOV - news) cash position, looks attractive but I think its sales need to grow into its current valuation first. fnews.yahoo.com

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