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Technology Stocks : Metro One Telecommunications--MTON

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To: Saul H Rosenthal who wrote (416)7/5/1998 8:47:00 PM
From: ChrisJP  Read Replies (1) of 608
 
Hi Saul,

If MTON company officers are interested in buying their stock at a discount price, they will have plenty of time IMO. The market appears to have already discounted the fact that this quarter's earnings will be BTE. And we know next quarters earnings will not be very exciting. IMO for the stock to rebound, MTON will need to announce a new customer to replace Bell South or extend their other shorter term contracts a few more years.

MTON employees not privy to "insider info" should be able to buy this stock any time.

For anyone interested, I saw the latest consensus estimate for FY98 to be .24 and FY99 to be .68.

Regards,
Chris
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