SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Metro One Telecommunications--MTON

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Linda Kaplan who wrote (125)10/3/1997 11:01:00 AM
From: Cary C   of 608
 
<<,I'm looking forward to the increase in the stock price. I'm sure it will come. But not immediately due to the news I posted. That's longer range, obviously.>>

Hi Linda, it depends on how you are looking at this. If you are taking the position that the stock will move based on revenues from this contract - yes you are correct.

IMO you should be looking at this a completely different way.

1. This will be taken as another sign to the investment community that the potential for MTON appears to be abundant. The fact that they have signed another contract shows that companies feel they have aproduct that their customers are going to want and need.

2. It draws attention to other companies that are currently looking at the possibilities of adding this service. They have a choice, either get on or fall behind if they are considering it.

3. Finally and most importantly, I know you are well aware of the significance of wall street looking for potential growth companies(especially now with the swing starting to go to NASDAQ.
This is a clear signal that MTON is continuing to grow their business. One should be very careful in looking for dips to buy with this stock. You could easily lose 1 to 2 points in one day.

Just my thoughts, what the heck do I know.

Cary
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext