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Technology Stocks : NorthPoint Communications Holdings, Inc. (NPNT)

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To: Moose who wrote (240)10/28/1999 9:23:00 PM
From: Trumptown  Read Replies (2) of 786
 
Yeah I saw that...but the action on the stock today was excellent. Looks like it may setting up for a powerful run..

Technically, it came off the double bottom around $18...as soon as that happened it popped to $27. Then consolidated around $21. As soon as it burns thru $27. I would not be surprised to se a pop to $30...then some more consolidation around $25...before it continues it's climb...

I believe xDSL will put in quite a show for the next few months...the next internet growth area...I fully expect NPNT to go well beyond it's IPO price within months...

SR
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