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Technology Stocks : Frontier - FRO

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To: Bob Morris who wrote (164)10/27/1998 11:34:00 AM
From: david thor  Read Replies (1) of 245
 
Bob,
I remain positive on Frontier. Just got a First Call update today and see the following estimate revisions in the last 7 days:

4Q98: 1 up, 3 down
FY98: 5 up, 1 down
FY99: 1 up, 2 down

What does this tell me? Not much. Would I buy stock at 29? Yes, if I planned on holding 6-12 months minimum. If I was looking for a quick trade, I'd probably wait to see if it gets down to around 27 or so. In the current market, I don't see that happening, but that's what I'd look for in a quick trade. Telco stocks seem to behave somewhat aloof from the general market.

Hope this helps!
Dave
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