SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : MGC Communications, Inc. (MGCX)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: atskaggs who wrote (42)9/27/1999 4:18:00 PM
From: Jim Willie CB  Read Replies (1) of 61
 
bagged out of MGCX
bought in early August at 24
did not enjoy sojourn thru hell via 18
exited thru open door at 23-1/2
have since considered ICIX the better lowtech telco play
ICIX now 18 with target of 60,90
depending upon your favorite (whore)house
remember these guys are all losing money
they are killing each other for profitless market share
low cost of entry for competitors
but... deregulation will enable some to be big winners

wanna 10-20 bagger?
hop on Qualcomm (QCOM) and wait 4 years
wanna 5-8 bagger?
hop on Uniphase (JDSU) and wait 4 years
the future is wireless and fiberoptic

/ jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext