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Technology Stocks : AboveNet Communications, Inc. (ABOV)

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To: Frank P. Pearson who wrote (159)3/30/1999 9:48:00 AM
From: Mr. Miller  Read Replies (1) of 835
 
I agree. I sold only half. No stock goes straight up. If I had sold at the 50s or 60s, I could see your point. I am selling at the $90s. That is over 50 points from where I bought.

This is an outstanding company. I am only trying to play the technicals.

I can remember when I was ROTFLMAO at ATHM when it was a $5 billion market cap company with only $7 million in annual revenues. Now who is laughing? All the investors, all the way to the bank. ATHM is a $20 billion company and growing like a weed. This technology will take the internet to the next level. Real Networks knows its value, and so do many others. ABOV is being rewarded for the fast expansion, and this split is an indicator of the great things to come.

Miller
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