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To: Boplicity who wrote (11847)	3/23/2001 5:47:58 PM
From: Boplicity	Read Replies (1) \| Respond to of 13572

From madcow.com re: AVCI <<Enron Broadband announced today plan to reduce 2001 capital expenditures from an expected $750 mln to $250 mln or less. According to Merrill Lynch, company has been surprised by the availability of leased bandwidth. Enron is one of the three customers that generate 10% or more of Avici's business. Enron, Qwest, and AT&T made up over 90% of the company's revenue last qtr>> Now that is some cut in spending, also evidence of the bandwidth glut! Be

To: Boplicity who wrote (11847)	3/23/2001 6:15:53 PM
From: pbull	Read Replies (2) \| Respond to of 13572

Re MERQ: Deutsche Bank downgraded it one week ago at 37 7/8; it's up almost 30 percent in a week since then. LOL. And, yes, the bears are all over the place. The local rag had two syndicated columnists on the editorial page this week talking bear market _ on the same day! And nearly all of them are the same ones who were spewing baloney a year ago about our wonderful new economy, at the top, of course. Now they're tripping over themselves doing stories about layoffs. The media really does have a sterling record as a contrary indicator. PB