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Technology Stocks : ABIZ - Adelphia Business Solutions
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To: Dave Kahn who wrote (18)2/20/2001 1:09:38 PM
From: Larry S.  Read Replies (1) of 24
 
the entire CLEC sector has been smashed. ABIZ is likely one of the survivors and better positioned ones, primarily because of the managment expertise and deep pockets of the ADLAC - its parent. There is a legitimage question whether the CLECs will come back in favor in the next 6 months or even year or two. there is too much capacity chasing too little business, plus competing with the RBOC (VZ, SBC, BLS) who dominate the phone markets. ABIZ is likely to make a run to 9-15 area, where i'd look to take profits. it also might sink back to 3-4 in a nother market collaspe. There is a chance that either ADLAC or ABIZ, or both will be acquired, which would give the stock a brief short term pop. sorry i can't be more optimistic. larry
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