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Technology Stocks : METROMEDIA FIBER NETWORK (MFNX)

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To: Davo M who wrote (458)8/3/1999 9:07:00 AM
From: Beltropolis Boy  Read Replies (1) of 1983
 
>>fwiw, i'll be nibbling if we get to $28.

>Noticed this stock after doing some DD on stocks in a Fidelity
>fund. This one has caught my eye. Time to get in? Tired of buying at
>the high lately so figured maybe this is a good entry point.


davo.

personally, i think the blue light is about to go off in the bakery section. however, please take that from staunch long-term buy & hold type (vice a trader). i'm also of the opinion that the summer tech doldrums may continue and that the market may be on the receiving end of pre-millennium mania come autumn; hence, i would not be surprised if these muffins go discount again.

i obviously can't predict the short term, but more often than not, i've found it pays to be patient.

i would also recommended due dilly on ABOV. for starters, frank had a nice post here:

Message 10342861

that said, i missed another bite by 5/8 yesterday.

-chris.
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