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Technology Stocks : Icon CMT Corp. (ICMT)
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To: LghtBrgade who wrote (41)3/27/1998 7:49:00 AM
From: TERRY MURPHY  Read Replies (1) of 128
 
The fact of the matter is that nobody knows what the stock is going to do on any particular day. I can tell you one thing though--if a few more institutions get in, the stock will be at $25. It's silly to guess whether it will go back to $15 before going to $25 because it really makes no difference (why miss a 9 point move just because you think the stock may trade down a point one day for technical reasons).
The key point is that ICMT, on a relative valuation basis, is worth $400-500M or ptentially more because it has all of the qualities of a USWB plus an ISP backbone.....Terry
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