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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: acuransx_2000 who wrote (520)	1/7/2002 1:05:27 PM
From: Dave Gore	Read Replies (2) \| Respond to of 16631

CLAC doing well today, and MFNX (up 27%) just highlighted by Briefing. IN doing well, too. Good day for lower priced issues as people look for positive areas in tech to put their money, I guess. The last line in the MFNX mention is worth noting. 11:49 ET Metromedia Fiber (MFNX) 0.50 +0.09 (+22.0%): Co reaffirms previously-issued guidance for Q4 of an EBIDTA loss of $3-$9 mln on revs of $100-$103 mln, and reaffirmed 2002 guidance of positive EBIDTA in 2002 of $75-$90 mln on revs of $510-$535 mln. Co reiterated its capex guidance for 2001 of about $1.3 bln and projected capex of $60-$70 mln in 2002 (the dramatic decrease in capex reflects the co's network build-out being ahead of schedule and the completion of substantially all of its data center build-out).