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Technology Stocks : Frontier - FRO
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To: Bob Morris who wrote (65)10/22/1997 3:51:00 PM
From: Sjp  Read Replies (2) of 245
 
Sorry for the delay in responding. Yes I do think the downsizing will help in a couple ways: 1)Wall Street loves to see fat cut. 2) Immediate improvement to the bottomline.

Frontier is a very attractive buyout candidate. I think with all of the merger talking going on that this could lift the stock to 27-28 w/i 30-45 days.

Frontier has let interested buyers know that the buyout price is around $50 per share.

Significant cost cutting measures, improved sales, and the new network beginning to get lit, I've got to believe that the bad quarterly's are behind this organization.
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