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Technology Stocks : MetroNet Communications Corp (METNF)

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To: SteveG who wrote ()2/20/1998 4:36:00 PM
From: David H. Zimmer  Read Replies (1) of 30
 
Time for another LCEC to take its place in the telecommunications hall of fame.

The tug of war around the $21 -- $22 level appears to be just about over -- after 46,000 shares cleared Thursday around the $21 level, the rest became easy.

METNF is poised for higher levels as undoubtedly additional analysts within the industry will adhere to following the leader -- and Jim Henry has been a leader -- and report on METNF.

We trust, based upon our past history and the history of the industry that the reports will be positive. I remember when the target price on ICIX was but a mere $30, then $40, then $60 a share. Now its $90.
Realistically, with the significant discounts applied to its markets, its market share and its overall abilities as a young company, the $25 estimate is a little understated -- but that is just what the analysts did with ICIX, TCGI, BFPT and the like -- its only a matter of time.

Best wishes to investors. Let's get this thread going.

Zimmer
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