To: mod who wrote (103 ) 11/20/1998 10:40:00 PM From: neverenough Read Replies (1) | Respond to of 177
Here's a little more info on ABOVipocentral.com AboveNet Communications, Inc. indicates features for Hoover's Online Members only. -------------------------------------------------------------------------------- 50 W. San Fernando St., Ste. 1010 San Jose, CA 95113 Phone: 408-367-6666 Fax: 408-367-6688 Web Site: abovenet.com IPO INFORMATION -------------------------------------------------------------------------------- Filing date: September 10, 1998 Expected IPO date: TBA Exchange: Nasdaq Proposed ticker: ABOV Post-offering shares (mil.): 57.5 Underwriters: CIBC Oppenheimer; Volpe Brown Whelan & Company KEY NUMBERS -------------------------------------------------------------------------------- Fiscal Year-End: June 1998 Sales (mil.): $3.4 1-Yr. Sales Change: 523.6% 1998 Income (mil.): $(5.4) Employees: 71 KEY PEOPLE -------------------------------------------------------------------------------- CEO: Sherman Tuan CFO: Stephen P. Belomy HR: Barbara Meese AboveNet Communications provides outsourced Internet hosting and connectivity services (often dubbed "co-location" or "co-hosting") to companies that depend on the Web to do business. AboveNet combines fault-tolerant facilities in California and Virginia with direct Internet service provider (ISP) access to reduce the number of network connections, or hops, data must make as it is transmitted. Its 300 customers include Supernews (Web discussion and access services, 14% of sales), Liquid Audio (online music delivery), and Internet Gateway (a Canadian ISP). AboveNet markets its services through a direct sales force and through partnerships with value-added resellers, system integrators, and Web hosting services. Additional Sources of Information -------------------------------------------------------------------------------- EDGAR Online IPO SEC filings (Real-time) EDGAR Online IPO SEC filings (24-hour delayed) Latest News from News Alert infoSeek Guide Web Search