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Technology Stocks : Digital Island,Inc - (Nasdaq- ISLD) -- Ignore unavailable to you. Want to Upgrade?


To: Michael Olds who wrote (1530)3/21/2000 10:17:00 PM
From: Ave Joe  Read Replies (1) | Respond to of 1884
 
Barron's Incorrectly States the Financials of Digital Island (Nasdaq: ISLD)


March 21, 2000 02:35 PM
SAN FRANCISCO, March 21 /PRNewswire/ -- In the article titled "Burning Up" that appeared in the March 20 issue of Barron's, the publication based its "months till burnout" calculation on December 31, 1999 financial figures - omitting from that calculation the $740 million recently raised by Digital Island. Information on that financing has been publicly available since February 24, 2000.
Digital Island believes that the successful completion of its recent financing places the company in a strong position of continued growth worldwide as the only provider of a fully integrated set of content delivery, network, hosting and application services. More information about Digital Island is available at www.digitalisland.net .

SOURCE Digital Island