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Technology Stocks : StorageNetworks, Inc. (STOR) -- Ignore unavailable to you. Want to Upgrade?

To: Jim Furley who wrote (97)	1/31/2001 5:41:57 PM
From: Glenn Petersen	Read Replies (1) \| Respond to of 187

If he got in pre-IPO, he was locked up. By the time the lock up expired, the stock had declined to its current levels. STOR did beat expectations this last quarter: biz.yahoo.com Wednesday January 31, 5:27 pm Eastern Time NEW YORK, Jan 31 (Reuters) - Computer data services company StorageNetworks Inc. (NasdaqNM:STOR - news) on Wednesday posted a fourth-quarter loss that was slimmer than expected by Wall Street, saying it added 47 new customers in the period. The company said it posted a net loss of $36.0 million, or a loss of 36 cents per share, versus a net loss of $14 million, or 59 cents per share, in the year-earlier quarter. The consensus analyst estimate was a loss of 44 cents per share, according to market research firm First Call/Thomson Financial. Shares of Storage Networks fell $1, or 3.5 percent, to $27-15/16 on the Nasdaq stock market, off a 52-week high of $154-1/4. The full press release can be found at: biz.yahoo.com