Metro One Telecommunications--MTON Message Board

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Technology Stocks : Metro One Telecommunications--MTON

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To: MIKE who wrote (464)	9/23/1998 10:32:00 AM
From: joe inti	Read Replies (1) of 608

Volume on the down days, with the exception of the 17th, has been pretty low. If you look at the chart, it looks like $7 is a support area. Hold tight. I think revenues will be sequentially higher this quarter. I am not sure where earnings will be, but if they are 7 cents or higher, we are in good shape. Earnings for the year will probably remain around 25 cents, which is what previous 4th qtr earnings are. However, once we hit 1st qtr of 99, comparisons will once again be excellent and the stock should move. I think this October is going to be rocky, so I would be cautious about buying anything. MTON is a good investment, but might not move above $10 before the end of the year. I do think anything around $7 is a good buy.

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