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Technology Stocks : 360networks formerly Worldwide Fiber Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Condor who wrote (90)	4/4/2000 7:29:00 PM
From: Digital-Fluid.com	Respond to of 125

Condor, if you were asking me if I've had a change of sentiment, the answer is no. As stated in my early post in this thread, I believe that the most realistic way to profit from the 360Networks IPO is to buy Canadian National Railway (CNI, CNR on TSE) and Shaw Communications (SJR, SJR.b on TSE). In the March 31 issue, The Investment Reporter says Shaw (C$38) is a buy. The company plans to invest C$150-million in 360networks Inc. This firm is finishing a 90,000-kilometre fibre optic network it has worked on since 1998. The network links North and South America and Europe. The Reporter says 360networks will provide Shaw with $250-million worth of high-speed network services over three years. The idea is to give Shaw's customers faster Internet access. At the same time, Shaw said that these services will replace a portion of the capital expenditure program previously contemplated to meet Shaw's growing demand for broadband, Internet backbone capacity. So this deal saves Shaw time and money. Apart from the Internet, the newsletter notes that this network enables Shaw to offer digital television as well as its traditional cable services. (c) Copyright 2000 Canjex Publishing Ltd. www.canada-stockwatch.com