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Technology Stocks : Concentric Network Corporation (CNCX)

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To: Laptev who wrote (80)4/6/1998 3:45:00 PM
From: Brian E  Read Replies (2) of 377
 
Huge day today. Significant move on lots of volume, while the Nasdaq is down. Does anyone have an opinion on the impact of the Teligent agreement?

Also, the upgraded price target of 35 announced this morning really isn't that high, considering we were over 25 when the news came out. That's not that much upside potential, IMO. If YHOO announces good earnings, all net stocks should benefit, and we may see 35 later this week or early next week. Any opinions?

Brian
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