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Technology Stocks : Metro One Telecommunications--MTON

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To: joe inti who wrote (498)10/30/1998 11:36:00 AM
From: ChrisJP  Read Replies (1) of 608
 
Joe,

It looks like in today's rally, someone decided that 9 bucks was not too much to pay for MTON. The significance of this is that MTON has not traded at $9 since the announced the loss of their Bell South contract back late June. I'm not a technical guy, but if we break and stay above $9, there should be no resistance until $10.50 - $11.

Regards,
Chris
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