e.spire Communications (ESPI) Message Board

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Technology Stocks : e.spire Communications (ESPI)

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To: Teddy who wrote (384)	10/10/1999 3:11:00 PM
From: peat	Read Replies (1) of 471

haven't been following ESPI in detail the last couple of months, just holding and hoping. i own ESPI based on it's undervaluation. but the real money here will probably come on the much heralded, phantom buy out. it has been my read for a while that TONY feels he should get $40+ in a buy out and is willing to hold on for it. he can hold on for $100 as far as i am concerned. if we can turn out a couple qtrs. of respectable earnings they should work with the valuation issue to push the price up enough to make this a viable stock to hold. i think in our case the price needs to get over $20 to elicit an offer over $40. we need revenue and earnings growth to do this. the recent news is certainly indicative of that. the recent MFNX/BELL deal is to our benefit also. i do not see any big jump in the short term. next year could be a different story. IMHO PETE KLINE

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