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Technology Stocks : METROMEDIA FIBER NETWORK (MFNX) -- Ignore unavailable to you. Want to Upgrade?


To: Stephen who wrote (363)6/29/1999 10:20:00 PM
From: MangoBoy  Read Replies (1) | Respond to of 1983
 
I think they're suffering the same punishment as QWST: the "fiber pure play" purists are bailing out.



To: Stephen who wrote (363)6/30/1999 1:04:00 AM
From: Dale Baker  Read Replies (1) | Respond to of 1983
 
Here's a suggestion. Click on the chart function at the bottom of the page. Once it comes up change the 100-day view to the 100-week view. You will see a volatile stock with an intact upward channel.

Put it this way - don't bet the farm on MFNX but don't sweat the fluctuations either. MFNX's fundamental business is still terrific.



To: Stephen who wrote (363)6/30/1999 4:58:00 PM
From: Stephen  Respond to of 1983
 
I guess my post would have been better if I'd bought some stock !!

I noticed that Steve Harmon, when asked why MFNX was being hit so hard, reponded that the streets view is that they paid too much for ABOV given its revenue ....... but maybe this is the turning point for the stock .. !! Good luck in any event !!

Stephen