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Technology Stocks : MGC Communications, Inc. (MGCX)

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To: Diana who wrote (15)4/9/1999 9:10:00 AM
From: GregS  Read Replies (2) of 61
 
Diana,

I'm a new investor to MGCX, and have read their most recent 10-K. I am now totally confident this is a legitimate business, with a solid business plan. Their entry into DSL lines that carry both voice and data traffic is what's driving this stock.

I had the same concerns as you when I saw this stock screaming. What I have no clue about is whether this stock will continue to climb or fall back. Looks like it is climbing in pre-market today. I would expect it to scream again when they announce actual delivery of their xDSL technology.
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