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Strategies & Market Trends : NEW Market Gems - Swing and Day Trades -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (1056)6/19/2001 1:18:14 PM
From: Dave Gore  Respond to of 1227
 
MFNX ($1.74 x 1.75) - Kaufmann today gives STRONG BUY and target of $10. Prudential gives BUY. Nice 20 yr. deal with Deutsche Telecom, too.

Briefing.com info - I don't like the stock at $4.00 - $5.00 but under $2.00 I think it is a good speculation.

Jun 6 2001

8:26 AM In Play Metromedia Fiber (MFNX) 4.65: Deutsche Telekom (DT), Europe's largest communications company, signs a 20-year lease agreement to use Metromedia optical infrastructure.
Jun 5 2001

8:51 AM In Play 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.

Jun 18 2001
7:58 AM In Play Goldman on Net Infrastructure : Goldman Sachs cutting estimates on the internet infrastructure sector, citing dot-com erosion and expected pricing pressures in the second half of 2001; cuts FY02 revenue estimates on EXDS by 18%, ISLD by 22%, and MFNX by 29%. Goldman says that neutral-platform hosting company Equinix (EQIX) might buck the trend and make its numbers.
Jun 6 2001

2:00 PM In Play Metromedia Fiber (MFNX) 5.37 +0.72 (+15.5%): -- Update -- Salomon Smith Barney trims FY01 revenue est. to $421 mln from $475 mln and FY02 to $825 mln from $1 bln; firm reduces price target to $15 (from $25).