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Technology Stocks : Son of SAN - Storage Networking Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Joe Wagner who wrote (1889)	3/13/2000 10:41:00 AM
From: Return to Sender	Respond to of 4808

Thanks for the quick due diligence on ANTS. I will definitely look into it in greater detail at their web site. antssoftware.com RTS

To: Joe Wagner who wrote (1889)	3/14/2000 2:20:00 PM
From: J Fieb	Read Replies (1) \| Respond to of 4808

Joe W., Check out MFNX today...... NEW YORK--(BUSINESS WIRE)--Metromedia Fiber Network (NASDAQ: MFNX), a leader in the deployment of optical networking and Internet infrastructure in key metropolitan areas internationally, will provide fiber optic connectivity for American International Group Data Center, Inc. (AIGDC) throughout the New York/New Jersey Metropolitan Area. AIGDC is a wholly owned subsidiary of American International Group, Inc. (NYSE: AIG), the largest underwriter of commercial and industrial insurance coverages in the United States. Under a 10-year agreement, Metromedia Fiber Network will lease fiber to AIGDC, providing the company with enough bandwidth to meet its current and future communications needs cost-effectively. Using this fiber infrastructure, AIGDC will have the ability to create its own truly private and unshared communications network, with the capability to support the most advanced data-centric and Internet applications. "This agreement demonstrates the continued acceptance of fiber as the communications infrastructure of choice for enterprise organizations, while further increasing our market penetration among the Fortune 1000 companies," said Nick Tanzi, president and chief operating officer of Metromedia Fiber Network. "AIGDC recognizes the importance of deploying the most sophisticated technology to stay competitive in the marketplace. Our network provides the infrastructure and bandwidth to enable that technology." About AIG AIG is the leading U.S.-based international insurance organization and the largest underwriter of commercial and industrial insurance coverages in the United States. Its member companies write property, casualty, marine, life and financial lines insurance, and are engaged in a range of financial services and investment management businesses, in approximately 130 countries and jurisdictions. About Metromedia Fiber Network Metromedia Fiber Network is building metropolitan fiber optic infrastructure in the local loop in strategic top tier markets, enabling technologically sophisticated organizations to implement the latest data, video, Internet and multimedia applications. By offering virtually unlimited, unmetered bandwidth at a fixed cost, Metromedia Fiber Network is eliminating the bandwidth barrier and redefining the way broadband capacity is sold. In addition to its current expansion in 51 cities in North America, Metromedia Fiber Network is establishing an international presence with fiber optic network builds under way in 16 cities throughout Europe. ..... Metromedia Fiber Network Revenue Doubled in 1999; Shares Rise White Plains, New York, March 14 (Bloomberg) -- Metromedia Fiber Network Inc. said annual revenue more than doubled while the value of contracts quadrupled, helping to send the shares of the fiber-optic cable company up as much as 14 percent. The shares of Metromedia rose 9 5/8 to 89 1/8 in midafternoon trading on the Nasdaq Stock Market. Earlier, they reached 90 5/8, an all-time high. The White Plains, New York-based company said 1999 revenue rose to $75.2 million from $36.4 million in 1998. Metromedia increased the value of its contracts to $2 billion at the end of last year from $400 million at the end of the previous year. Now do you think these guys will want 8 port switches or 128 port directors?