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Technology Stocks : FOCAL COMMUNICATIONS - FCOM

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To: Pete who wrote (14)8/1/1999 5:30:00 PM
From: Padlock   of 15
 
This stock is very similar to NPLS--the same business, and the fact that they got Buy ratings so early. GS gave NPLS a buy a little more than a week after it came out. Unfortunately, NPLS is struggling a bit....they have a weird chart. But I still see positive things for the industry and FCOM. Just saying that I wouldn't be surprised if this went a little lower, because it's so relatively new. I would even sell out now and try to find a lower re-entry point, but that's just my opinion. NPLS was trading at $24 on July 20th, and by the 27th it had hit a low of $14.75. Weird, huh? Now it's at $18.125.

-Padlock
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