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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: lifeisgood who wrote (26177)6/6/2001 11:01:50 AM
From: Dave Gore  Read Replies (3) | Respond to of 37746
 
Hardly think so, Lifeisgood: Here's More MFNX Info (from Briefing)and the news wire. I like the fact that mamagement is confident in making their Q2 numbers. There seems to be some eveidence that IT spending on optical fiber, especially in the metropolitan areas, is starting to improve all over. I still like GLW too, but still not investing heavily.

06-Jun-01 07:35 ET Metromedia Fiber (MFNX) 4.65: Deutsche Telekom (DT), Europe's largest communications company, signs a 20-year lease agreement to use Metromedia optical infrastructure.

05-Jun-01 08:51 ET Metromedia Fiber (MFNX) 3.88: Hearing from sources at Robertson Stephens that the firm met with MFNX management yesterday and that there were indications that the pipeline is starting to improve and that the company will make Q2 numbers; financing still a key issue, however.