Metro One Telecommunications--MTON Message Board

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Technology Stocks : Metro One Telecommunications--MTON

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To: Duke who wrote (331)	4/30/1998 10:01:00 PM
From: ChrisJP	of 608

Dear Duke, I tried to buy MTON on the last day it traded below 12. I had a buy order in for 11 1/2 which was just below the bid. That morning the stock shot up to 13. On several occasions, I have seen major purchases of this stock along with other accumulation. My point is that I'm hoping that this time around there is a lot more institutional investor awareness of this stock. I also get the feeling that it is currently overbought. If so, any buying demand could really fuel MTON's stock price. But I will defer to Doug R. for any real TA. Last quarter (i.e. Nov & Dec) , all tech stocks were trending down, hence a lack of interest in MTON's financial performance. Telecom related techs are hot right now, so I'm hoping MTON will participate in this trend. We'll see tomorrow. Regards, Chris

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