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Technology Stocks : Viatel (VYTL)

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To: John S. Baker who wrote (57)7/17/1998 3:55:00 PM
From: jerryriti  Read Replies (2) of 157
 
Board is quiet for so much price action. Bought this one during its dog days...followed insiders lead and planned to hold as long as top line growth continued and expected company to go revenue black by 2001-2002 at which time I expected the party would be in full swing. Now I wonder if VYTL is on someone's shopping list as I always assumed it to be a prime takeover candidate. Would welcome any informed opinions on where this one could go and what it might go for if it was taken over. All of the above is opinion as I have not heard any rumors; just believe that telecom and merger are almost synonymous these days and VYTL has lined up all its pins quite nicely and would make a tasty treat for some big telecom co (foreign or American)!
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