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Technology Stocks : Metromedia International Group (MMG) Looking for Opinions
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To: Elayne Shochet Tatar who wrote (278)6/14/1999 11:09:00 AM
From: TheSlowLane  Read Replies (1) of 353
 
I wouldn't go so far as to bet that the subscribers in the areas in which MMG operates will fetch the $3,500 to $4,500 per subscriber numbers we've been seeing in the latest frenzy of cable company takeovers, but the valuation will have to be well north of where we are currently. Plus, we are still in the relatively early stages of the network buildout so there is still lots of work to be done - but we are in the right sector and moving in the right direction. Sooner or later our day will come.
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