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Technology Stocks : Able Telecom (ABTE)

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To: Ms. Blumkin who wrote (413)1/8/1999 8:29:00 AM
From: david james  Read Replies (2) of 700
 
Both sides up the rhetoric

On one side we have Kaufman Brothers and the Institutions like Fidelity that have been buying. (Fidelity purchased over 1 mill shares which is almost 10% of the outstanding shares).

news.com

Able Telcom Reiterated Short-Term 'Buy' at Kaufman Brothers

Bloomberg News
January 7, 1999, 12:26 p.m. PT

Princeton, New Jersey, Jan. 7 (Bloomberg Data) -- Able Telcom Holding Corp. (ABTE US) was reiterated short-term ''buy'' by analyst Vik Grover at Kaufman Brothers. The 12-month target price is $23.00 per share. The long-term ''buy'' rating is also reiterated.

On the other side, Asensio is still complaining
biz.yahoo.com

Asensio & Company: Able Telcom Declared In Default Of
New Jersey E-ZPass Project Contract

NEW YORK, Jan. 8 /PRNewswire/ -- The following is being issued by Asensio & Company, a member of the National Association of Securities
Dealers, CRD number 31742:
.......

take your pick
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