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Technology Stocks : Metro One Telecommunications--MTON

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To: Samuel J. Bennett who wrote (570)4/5/1999 9:01:00 PM
From: ChrisJP  Read Replies (1) of 608
 
Hi Samuel and Northstar,

It looks like people are nibbling at MTON, but I gotta tell you, I've never seen first call update its earnings outlook for a small stock as many times as it has for MTON.

I get the distinct impression that its Airtouch contract has not been renewed. Also, earnings for the quarter are now estimated to be .06 (down from .07 or .08), but earnings for the the following quarters are steady as are 1999 estimates. Year 2000 estimates are actually increasing now at $1.06.

biz.yahoo.com

Anyway, we can only hope they sign more contract or at least keep the ones they have.

Regards,
Chris
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