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Technology Stocks : METROMEDIA FIBER NETWORK (MFNX)

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To: ahhaha who wrote (550)9/24/1999 5:20:00 PM
From: PaperChase  Read Replies (2) of 1983
 
ahhaha, how long should an investor wait for a stock like MFNX to base (trade sideways) before going long? These tech stocks tend to spike out of range quickly. I take it you are not very positive on MFNX and so far that looks like a great call. Is your short based on price or more on fundamentals?

With the coming market dip I will be tempted to pick up some of these stocks on a 30% dip from today's prices.
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