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Technology Stocks : NOPT: Northeast Optic Network, Inc -- Ignore unavailable to you. Want to Upgrade?


To: Andrew N. Cothran who wrote (333)7/28/1999 12:42:00 PM
From: ynot  Read Replies (1) | Respond to of 708
 
thank you for the compliment

my post was not intended to offend you, but highlight to longs that price, imo, may not match reality here

if the posted book value of <$6 is reasonable, then one must question how valuation of mid $30's exists

this in combination with NOPT managements' SEC filings stating that future expected sales will NOT cover newly negotiated debt
and that that debt instrument prohibits raising cash, would make gilder's glowing recommendation seem odd, no?

i understand intellectual validation, but such a statement causing price to increase substantially could get folks involved without dd

this in my mind is worse than vulgar, and is my opinion

ynot ;)