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Technology Stocks : Teligent
TGNT 0.0376-16.3%Nov 4 3:14 PM EST

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To: Thomas Haegin who wrote (152)12/9/1998 6:09:00 AM
From: Robert Scott  Read Replies (1) of 270
 
Check the chart out on WCII - 10X+ return since IPO. Investing isn't mindless. However, in order to pick stocks like this, you must know something about the industry and the idea behind the company. In short, there is work involved. Unlike these internet companies where barriers to entry are near 0, local access barriers are substantial and require significant investment = high risk but potentially great long-term returns.

Truth is that TGNT has excellent management, working technology and hungry customers who are tired of being bled by the ILEC's. I would focus more on EBITDA and revenue growth than EPS at this stage.
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