| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| AboveNet Communications, Inc. |
| 50 W. San Fernando Street, Suite 1010, San Jose, CA 95113 * (408) 367-6666 |
| The company is a leading provider of high performance, managed co-location and Internet connectivity solutions for electronic commerce and other mission-critical Internet operations. |
| Manager | Tier | Phone |
| CIBC Oppenheimer & Company | Lead Manager | (212) 667-7400 |
| Volpe Brown Whelan & Company | Co-manager | (415) 274-4463 |
| NASNTL: | ABOV | Internet: | SIC 4813 | |
| Type of Shares: | Common Shares | Filing Date: | 9/10/98 | |
| U.S. Shares Filed: | 4,000,000 | Filing Range: | $9.00 - $11.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $40,000,000 | |
| Primary Shares: | 4,000,000 | Expenses: | - | |
| Secondary Shares: | 0 | Post-IPO Shares: | 11,800,000 | |
| Employees: | 71 |
| Issuer's Law Firm: | Gunderson Dettmer Stough Villeneuve Franklin |
| Bank's Law Firm: | Pillsbury Madison & Sutro |
| Registrar/Transfer Agent: | Boston Equiserve Limited Partnership |
| Auditor: | Deloitte & Touche |
Dollar amounts in U.S. millions except for per share data | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 6/30/98 | 6/30/98 | ||||
| Revenue: | $3.44 | Assets: | $13.69 | ||
| Net Income: | -$5.42 | Curr Assets: | $8.77 | ||
| EPS: | -$12.93 | Liabilities: | $13.03 | ||
| Prior EPS: | -$5.73 | Curr Liab: | $3.71 | ||
| Cash Flow/Oper: | -$1.84 | Equity: | $0.66 | ||
| Cash Flow/Fin: | $13.32 | Cash: | $8.14 | ||
| Cash Flow/Inv: | -$3.67 | Working Cap: | $5.06 | ||
| Use of Proceeds |
| The proceeds from the proposed offering will be used for increased sales and marketing, capital expenditures, potential strategic investments and working capital and general corporate purposes. |