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


To: Scotsman who wrote (126)1/2/1999 8:26:00 PM
From: LLCoolG  Read Replies (1) | Respond to of 1983
 
Scot,

Barring a total market collapse, no way you see a 50% retracement. Focus on what a company would pay for MFNX and the bandwidth they can provide as an acquisition target, and compare that to the market capitalization. This, like QWST, should be a no-brainer, except that this seems to be left alone, for some reason. No downgrades, negative comments, etc.

Regards,

G



To: Scotsman who wrote (126)1/3/1999 1:59:00 AM
From: Harlock  Respond to of 1983
 
I sure hope it continues, because
I'm not selling yet... been in MFNX almost a year. It's definately
not cheap but the premium is for a company able to offer massive bandwidth for resale, cheap ! Bandwidth is tomorrow's gold,
personally I feel that companies like QWST and MFNX have .com
like potential with a lot less downside.



To: Scotsman who wrote (126)1/3/1999 5:30:00 PM
From: Harlock  Respond to of 1983
 
Here are two more telecoms you may be interested in ...
Global Crossings, went public q4 of 1998, planning to link
the top 100 cities in the world with the first global fibre
optic network... and Colt, a major Euro alternative telecom.
(GBLX, COLTY). Colt had almost as hot a 98 as Metromedia.
Global Crossing is just getting started.