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Technology Stocks : Frontier - FRO

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To: Umnik who wrote (4)2/22/1997 12:31:00 AM
From: buyhiman   of 245
 
I am a local customer of Frontier and a lt investor. One possible
drag is their union contract problem which has streched out 2yrs by
now. Doesnt seem to be any end in sight either. Also recently their
CEO had brain surgery but is back (maybe 100%and maybe not). Their
local service is really poor (several weeks to get 2nd line installed).
My feeling is at 21+ and 4% yeild makes it a safe hold for next 2Q's;
by then they should be back in favor. My intention is to double up
from initial $25 purchase and wait it out. This is really a long term
play, not for the traders. TKO, who knows if/when but NYNEX seems
best bet to consolidate their upstate NY local phone market.
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