SI
SI
discoversearch

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: Shege Dambanza who wrote (330)4/5/1999 10:02:00 PM
From: Tom Hua  Respond to of 835
 
Shege, there's no question ABOV faces stiff competition. It has yet to demonstrate that it belongs to the big league. So far they're doing co-location/web hosting for small businesses. The largest customer is RemarQ which accounted for 9% of revenue. The average customer pays $2,300/month, with a total of about 400 customers.

Regards,

Tom



To: Shege Dambanza who wrote (330)4/6/1999 8:47:00 AM
From: Mr. Miller  Read Replies (1) | Respond to of 835
 
Exactly right, Shege. Most, if not all, companies that report to the SEC have that disclaimer along with going concerns, foreward looking statements, and risk of losing money if the internet doesn't catch on. LOL. "...if the internet doesn't catch on..." Anyway, it is standard in almost all company's filings.

The longs have had a great run of it, and we know the future is bright. We also know that our company's stock can't go straight up forever. It will consolidate here until the 50-day moving average catches up some. If it goes down, it is not because it is a bad company; it will be for consolidation, technically. However, be prepared for the short-sellers to cheer. They will rage on how this company is this or that. I have seen them come and go on other chat threads. They come AFTER the major run like we just had, and leave when we begin to run again after a period of consolidation. The bottom line is that we continue to move up. That's right. Move up. If this company is so bad, then let us bookmark this day in time and check back in a year to see where we have gone. I will bet 99cents on the dollar that the stock price will be higher(significantly higher) than where it is today, and these shorts will be gone or still screaming how the company sucks. I bet you will find the same people on other threads like AMZN, EBAY, YHOO, and all the other internet companies that continue to move higher in this internet revolution!

Miller