Metro One Telecommunications--MTON Message Board

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Technology Stocks : Metro One Telecommunications--MTON

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To: joe inti who wrote (520)	11/25/1998 1:04:00 PM
From: joe inti	Read Replies (2) of 608

I think MTON is a major sleeper. With a P/E of 40 and estimates of $.70 for 99, we should see a steady incline to $30 over the next year. I think this drop might be similar to what I personally have seen in a bunch of other companies this last week or so. Take a look at what BNYN, CYCH and DBCC have all done over the last two weeks. Nice moves up, then quiet moves down, before explosive moves up again. MTON is also growing its database business fairly well. Considering they need the database technology for their own purposes, any revenues that come in from this business will essentially cover costs of the core business, which should really help the bottom line. LOW volume today should indicate that this downward movement is not that big of a deal. Just my opinions.

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