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Technology Stocks : NorthPoint Communications Holdings, Inc. (NPNT)
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To: HandsOn who wrote (684)6/21/2000 2:20:00 PM
From: ayahuasca  Read Replies (1) of 786
 
I figured that's what you meant. I have a feeling you will be waiting a while before you see any appreciation from this thing. I'm in around 18 or so and thought that was a good price at the time.
Broadband stocks, whether NPNT, COVD, ATHM, WSTL, DISH etc are all in the sewer and have been for a while. On a long term basis these are probably excellent entry points, but near term any bounce will be met with selling. It's going to be a protracted base here. At least I hope it is here and not at $5. At this rate anything is possible. Once the negative momentum builds it is hard to shake.
(BTW I own and suffer with all of the above).
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