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Technology Stocks : METROMEDIA FIBER NETWORK (MFNX)

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To: Dan Markel who wrote (1834)12/21/2001 11:12:40 AM
From: Susan Saline  Read Replies (2) of 1983
 
when a stock trades with so much volume and doesn't move ... day after day ...
not a good sign

I think it'll become a bb soon

THEN it will be worth an entry

with first of Jan looming ahead ... NAZ will delist

not a bad thing really IMO .. because it takes the "what if" out of the picture

the movement to a bb does not hurt the price once that occurs .... it does hurt initially though and could cause another 50% decline though from here

for longs why would they bother to sell ? unless they need a loss to offset any 2001 gains ... thus the flat chart

for those looking for entry .... I will wait to see the inevitable ...

the company will stay in business as 2002 the economy and spending should be better than the last 2 years

just some ponderings
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