Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : AboveNet Communications, Inc. (ABOV) -- Ignore unavailable to you. Want to Upgrade?

To: Jon K. who wrote (324)	4/5/1999 9:27:00 PM
From: Epicenter	Read Replies (2) \| Respond to of 835

Fundamental premise of why I think ABOV is still a bargain (that is not to say, it can correct significantly short-term). Basically, it's supply and demand. I don't see too many companies that can do what ABOV does. I really don't care whether EXDS is bigger or better. There is room for both. Technically, ABOV is far better than anyone else I know of, based on minimal packet losses and latency. I consult with several Wall Street firms (not in this field though) so I am well aware of how most think about Internet (want to participate but don't know how to). Lehmann and Paine Webber have put ABOV on the map. Institutional ownership is less than 15%, in contrast to EXDS of 50+%. When you put this together, one can easily see that the aggressive insitutional investors (Fidelity, Janus, Alger etc.) are clearly starting to accumulate--just look at the proportion of block trades when the share price is rising. I have a limit of a dozen stocks in my portfolio and ABOV easily competes with the rest to be kept in the portfolio. Epicenter