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Technology Stocks : Metro One Telecommunications--MTON

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To: joe inti who wrote (377)6/23/1998 11:29:00 AM
From: Jan Robert Wolansky  Read Replies (1) of 608
 
Joe, I think that the weakness yesterday and early today is some game playing by market makers to try to coax some cheap shares out of scared small investors, before the buying resumes. What is heartening is that almost no one is taking the bait, and the ask is now starting to move back up. Once the big money players and traders see that people aren't selling, they will start buying again, and it will not take much volume to get this stock moving up fast.

Just my opinion, of course, but I feel pretty comfortable about this one.

Jan
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