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

To: Doug Robinson who wrote (677)	5/30/1999 3:53:00 PM
From: Brasco One	Read Replies (1) \| Respond to of 835

Doug, I hope you have been buying more shares when Above was under $30. The company is very shrewd with their money. I thought above paying for the internet exchange was very smart. Don't forget that they raised over $350m in their secondary. 70m was used VERY effectively, and I believe the management will use the rest wisely. anyway, there will be a mild resistance around $43 (I think thats where the secondary was offered at), and if we go through that, we should have no trouble going higher. Of course this is if the whole internet sector steams up a bit. Everything in my opinion. Great luck...