METROMEDIA FIBER NETWORK (MFNX) Message Board

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Technology Stocks : METROMEDIA FIBER NETWORK (MFNX)

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To: Frank A. Coluccio who wrote (533)	9/13/1999 8:33:00 PM
From: ahhaha	Read Replies (3) of 1983

There are better shorts out there than this one, but MFNX will work. Every trade data suggests that MFNX will reach 15 by Thanksgiving. I like the pundit tension here which is reminiscent of GBLX in May. The meat is out of the move both there and here which will have the effect of encouraging booking below. Price loves to discover bulls averaging down. Shorts are covered, supply above is not being pulled, and inelastic buying is scarce. This market is looking for fair valuation and it isn't interested in yesterday's great expectations.

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