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Technology Stocks : DIGEX, Inc. (DIGX)

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To: JessiDani who wrote (48)6/22/1997 3:17:00 PM
From: Sniper   of 49
 
Jessi,

Still holding my INEL but nothing looks positive short term. Might have goofed on this one. But I'll make it up to you with ACNS.

Almost a duplicate of DIGX... company is losing money due to capital investments in thier infrastructure. Meanwhile, a big long distance player wants local dial tone and seeks the oppotunity to bid and buyout company.

Notice lots of insider buying and steady rise in stock price.. very similar to Digx.

Looks good.. ACNS.

Also keep eye on Zitel.. going long at 18 and 18-1/2. Don't give two hoots abour the company per se, just know that when every little guy thinks they can short a stock, MMs will run this thing sky high and squeeze them out in a panic buying session...

Those are my 2 shots.. looking for 2 kills...

Zitl above 25 next week
ACNS 12-15 in 3 weeks

Snipe'
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