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Technology Stocks : Concentric Network Corporation (CNCX)

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To: Dale Stempson who wrote (351)12/19/1999 7:19:00 PM
From: buckhead26  Read Replies (3) of 377
 
Just my opinion, but the 'legitimate' reason for a poison pill at this point in their history is a strong belief by board and mgmt that the price is too low. However in a world of rapid consolidation, look at the Internet, it turns off investors because it makes an acquisition more difficult, thus less likely. I do like this CLEC positioning.

Probably should have bought at 25 or so for the bounce but holding back for now.

buck
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