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Technology Stocks : Concentric Network Corporation (CNCX)

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To: Kip518 who wrote (142)9/6/1998 11:49:00 AM
From: Tekktrader  Read Replies (2) of 377
 
Everyone uses the Yahoo Boards for CNCX!

Thats why this thread is so sparse-- seems that CNCX owners like the free Yahoo board. By the way, shorting this stock would have been a good idea before the market crashed in August. Now it would be about the dumbest thing you could do. CNCX is one of those small-market caps that were beaten up beyond all rationality when the flight to quality began. I've been tripling my CNCX position over the past two weeks as the stock has nose-dived. This is a fundamentally well-positioned company in a growing market that is likely to be acquired by an RBOC or ILEC or CLEC in the next year. The analysts have not changed their position on CNCX one iota throughout the last month as the stock has dived with the rest of the market. Still believed to be a $35 stock before the end of the year. Still commands a 1.8 Zack's analyst rating-- better than all of the other enterprise ISPs! Good luck.
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