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Technology Stocks : METROMEDIA FIBER NETWORK (MFNX) -- Ignore unavailable to you. Want to Upgrade?

To: Herc who wrote (1431)	6/27/2001 5:58:25 PM
From: Dennis O'Bell	Read Replies (1) \| Respond to of 1983

...is just leasing out the lines, it doesn't look good for a revenue upturn. Yeah, I guess they aren't going to sign on a single new customer for all the fiber and rights of way they have already negotiated and installed in densely populated metro areas like NYC. The AboveNet component isn't going anywhere either I suppose. "Metered bandwidth" is kind of like floating interest rates. It's no guarantee of lofty revenue streams in the future as data rates monotonically increase, and everyone starts charging less. It's a mistake when building a new business to try to charge the max the market will bear at an early stage. Management analysts like Peter Drucker always warn about this. MFNX is setting realistic goals with their business plan and long term this is the right way to do things.