Metro One Telecommunications--MTON Message Board

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Technology Stocks : Metro One Telecommunications--MTON

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To: advinfo who wrote (545)	2/27/1999 7:17:00 AM
From: ChrisJP	Read Replies (1) of 608

Hi Everyone ! Based on this chart, MTON is very close to being oversold. iqc.com Of course it could hit 12. But since I think this one's going to 40+, I'm accumulating. Bought more @ 13 5/8 yesterday. I'll buy more when the chart says it's bottomed. The dark cloud here is the major indicies like the NASDAQ and Russell 2000. Institutions who buy and sell small caps like MTON make decisions based on short term timing (as we saw in July & August). So if they head lower, MTON will head lower. iqc.com From this chart it appears that the Russell 2000 is oversold (and perhaps on the rebound). Next MTON earnings report is less than 2 months away. Off topic: Check out this one: iqc.com Someone is buying ever time it trades at 6 15/16 - 7 1/8. This has been going on for 2 weeks now. Chart says selling should be over. Regards, Chris

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