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Technology Stocks : RCN Corp. (RCNC) - Voice-Video-Internet

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To: AllenP who wrote (397)7/6/1999 2:22:00 PM
From: SecularBull  Read Replies (1) of 720
 
Smith Barney has a 12 month price target of $75 on RCNC, and goes on to note in their June 1, 1999 research report that if AT&T were to pay as much for RCN as it did for MediaOne on a PER BANDWIDTH PER HOME basis, RCNC would be worth $900/share. This was, of course, a hypothetical suggestion without any consideration given to subscriber base, etc. Interesting, nevertheless...

LoD
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