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Technology Stocks : Allegiance Telecom (ALGX)

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To: Dale Baker who wrote (78)2/24/2002 3:28:21 PM
From: FlameMe  Read Replies (1) of 145
 
what did you guys think of their earnings? it seems they need to beat the revenue estimates for a quarter or two in order to restore some confidence in the business model.

i have been buying this stock every day for the last week or so because of the valuation and the extreme negative sentiment for the sector. it does occur to me that many people smarter than i think this sector is simply not a growing area and will be swamped with overcapacity for a long time.

my question for anyone is this. is there overcapacity in this sector that will kill pricing?

how is algx going to continue to grow when the others are not?
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