Metromedia provides 2002 outlook (MFNX) By Tomi Kilgore
Metromedia Fiber Network (MFNX) is gaining 11 cents, or 27 percent, to 52 cents on volume of 29.4 million shares, after the company reiterated fourth-quarter revenue expectations and provided a 2002 outlook. The fiber-optic networking company said revenue for the quarter ending December would be $100 million to $103 million, bringing the 2001 total to $360 million to $363 million. For 2002, the company is forecasting sales to grow to $510 million to $535 million. The company said that it expected to become cash flow positive during the first quarter. Metromedia added that it expects capital expenditures for the year to be $60 million to $70 million, down from the projected $1.3 billion in 2001.
وقد ارتفعت بنسبة عالية الآن زادت على 30% وأنا متردد في بيع الكمية التي عندي فالسعر مغر للبيع والحمدلله