RCN Corp. (RCNC) - Voice-Video-Internet Message Board

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Technology Stocks : RCN Corp. (RCNC) - Voice-Video-Internet

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To: DBrian who wrote (377)	4/24/1999 11:29:00 AM
From: HVN	Read Replies (1) of 720

Actually, we broke the $50 barrier intraday on Thursday itself on the internet domain registeration news. Frankly, with it's 500K internet subscribers, this recent news, and saavy CEO, I think this stock has the potential to reach $80-100. However, if they stumble ever so slightly, they will have hell to pay - I can see them fall all the way back to $13 - when I picked them up. The 1 thing that DOES worry me is that they don't seem to talk about their bundled service buying customer base..... unless they are holding that back for the right time. Annoyingly, they are talkin about excess bandwidth for now, and frankly, that's already old news. The market realizes that there will be a bandwidth glut for the immediate future (about 12-36 months), maybe it will start maxing out after that. However, I sincerely doubt RCN is in it for the long haul.

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