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Technology Stocks : e.spire Communications (ESPI)
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To: Marshall who wrote (154)4/3/1999 3:03:00 PM
From: Gary Korn  Read Replies (1) of 471
 
My biggest mistake this year was hesistating (and not buying) when ESPI was trading at 5. There are not a lot of CLECs out there, and consolidation is the game in this sector.

At 13ish, ESPI is good for day trading. It often falls a point or two during the day, only to be lifted again by what appears to be the inevitable looming merger. My guess is a buyout price of 22.

Gary Korn
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