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Technology Stocks : METROMEDIA FIBER NETWORK (MFNX) -- Ignore unavailable to you. Want to Upgrade?

To: Beltropolis Boy who wrote (317)	6/9/1999 6:02:00 PM
From: Harlock	Read Replies (2) \| Respond to of 1983

And this... the Muffin is dedicated to staying on the cutting edge of technology. Their network is unique in that their fiber plants always have AT LEAST several hundred strands of fiber. Looks like they will be using the best fiber available. This new Lucent product has zero molecules of water and dispersion of nearly null. This not only means that MFNX can provider all the bandwidth any carrier could want, but in the future, they will have an advantage when they move to DWDM. Murray Hill, New Jersey, June 7 (Bloomberg) -- Lucent Technologies Inc., the world's largest phone-equipment maker, said it received orders for about $300 million in optical fiber from Metromedia Fiber Network Inc. and a telecom start-up. White Plains, New York-based Metromedia ordered more than $100 million of TrueWave fiber to expand its network, while PF.Net, a joint venture of Koch Industries Inc. and PF Telecom, will buy $200 million in fiber optics over three years. PF.Net is building a 15,000-mile network. Wichita, Kansas-based Koch is the second-largest closely held U.S. company. Shares of Metromedia rose 3 31/32, or 11 percent, to 41, while Lucent rose 1/4 to 62 3/16. Metromedia shares have jumped more than eightfold in the past year, while Lucent has risen about 70 percent. Lucent also said today that it will sell a new, undersea fiber called TrueWave Submarine that can double network capacity. Sales of the fiber are expected to rise 50 percent annually for the foreseeable future, with $5 billion in annual sales industry- wide, said Lucent network products President William Spivey. ''The growth of our undersea cable business has really surprised us,'' Spivey said. Lucent fiber could be used by companies building undersea networks like AT&T Corp. and Global Crossing Ltd., he said. As many as 864 TrueWave fibers can fit in a one-inch cable, cutting installation costs while boosting the bandwidth, or network capacity, available for voice, data and Internet transmissions. Jun/07/1999 16:29 ...... Any by the way, Metromedia has a partnership with above mentioned Glogal Crossing. Regards, Harlock