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Technology Stocks : e.spire Communications (ESPI)

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To: Dave Kahn who wrote (460)1/12/2001 11:30:26 AM
From: sbaughmn  Read Replies (1) of 471
 
Would be nice to be back at 5 by summer. My impression is that this company is a prime takeover target, they've got tons of fiber in the ground around the South. Nice pop (~200%) on the news of the new board members, look for them to work hard to keep up the newly shifted momentum. The underlying economic situation (reduced interest rates) certainly points towards a brighter future for all tech stocks. This stock seems to have bottomed with the rest of the sector, and my impression is that ESPI got hit unreasonably hard and is primed for a significant rebound over the next few months.
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