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Technology Stocks : copper mountain CMTN

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To: Thomas Higgins who wrote (87)	8/3/1999 8:22:00 PM
From: Libbyt	Read Replies (1) of 1226

Thomas, >Is anyone worried that 60% of CMTN's business is Northpoint NPNT, and its stock has slipped from $43 to $25 in the last 3 weeks. Anyone have some insight that may make me feel better? < If this is the case that 60% of CMTN's business comes from NPNT, then it makes me want to buy more NPNT stock! I think NPNT is a relatively new stock for the market (a fairly recent IPO within the last few months?), and I think the true value of the stock has not yet been determined. In the SF Bay Area NPNT seems to be an active company, busy leasing new office space. If you have followed COVD, that stock has had some up/down periods. I think both CMTN and NPNT stock prices are influenced by traders who may move "in and out" of a stock. Some of these traders may have margin calls in other stocks (?) and may want to take profits they have gained in this stock. CMTN has made tremendous gains in a short period of time, and as far as I can guess, DSL will only be more popular in the future. In my mind, both of these stocks are "winners" for the long term. Libbyt

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