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Technology Stocks : Metro One Telecommunications--MTON

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To: ChrisJP who wrote (439)9/8/1998 11:51:00 PM
From: MIKE  Read Replies (1) of 608
 
Well, I'm in,cautiously !
Hi cjp0531,
Was watching the CNBC ticker today and saw a few good size block trades on MTON go by. I did a quick look at their chart (way off the highs), looked at the revenue growth and earnings '98 vs. '97, and previous quarters. Looked pretty good, so I jumped in. Nothing big, just a few hundred shares @ $5.375. Thought it worth a gamble on what appears to be a knocked down stock with strong upside potential. If it continues to move up, may get in with both feet.
Any ideas on where we're going from here ?
Thanks,
Mike
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