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Technology Stocks : Concentric Network Corporation (CNCX)
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To: Andrew G. who wrote (246)8/14/1999 1:12:00 PM
From: Minos  Read Replies (1) of 377
 
Hey All,

I've been watching CNCX correct, yet I couldn't pull the trigger when we fell below $20. I was watching the action on friday...steady buying all day, except for some eod expected profit taking before more buying at the close. Question is...to what extent was this short covering? I think Yahoo listed short interest at 930K.

Also, in terms of VPN...does that make CNCX an ASP? Could somebody educate me here??

And finally, what is CNCX looking to do with all that cash? From all I read, it still seems that this one is too good to be true.

-Minos
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