e.spire Communications (ESPI) Message Board

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Technology Stocks : e.spire Communications (ESPI)

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To: Winston Kim who wrote (78)	3/17/1999 4:50:00 PM
From: BGL	Read Replies (1) of 471

What's going on? Have the takeover rumours been completely debunked? If so, who can explain the volume on ESPI? Today it traded more than half the float - more than double the daily volume. It's been trading a lot for the past couple of days. The hypesters on Yahoo do not have enough shares to create this volume and I doubt that large brokerage firms pay any attention to the Yahoo message boards. What's causing the attention? 1. Not the financials -- they're not very impressive -- lots of cash offset by lots of debt. 2. Qwest takeover potential -- I've seen this in the financial press, but I don't know who started it. Did they pick it up from the Yahoo board too? 3. General takeover potential -- I don't really understand the significance of ESPI's installation base enought to believe this - Can someone explain it to me? 4. Financial performance -- What are Q1 numbers going to be? Any opinions? Revenues are peaking, losses increasing. Opinions?... BGL

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