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Technology Stocks : LMCI Communications

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To: Ming Wu who wrote (91)7/19/1999 11:38:00 PM
From: John AnderfurenRead Replies (1) of 146
 
No way you can margin BB's
I have this one on money tree, sold 50% of holding on each 100% increase. I've pick this one twice since my 2 3/8 add. IMO this one is in bubble territory and should be watched closely for opportunities to buy as it fill gaps below 5 5/8. The market cap for the company featured at the start of this string and its current market cap is too far out of line to hold this slope. (I'm not saying we will not see the teens by the week end or that this company doesn't have the potential to be a value in the next year, just that reality has to have its day)
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