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Technology Stocks : NorthPoint Communications Holdings, Inc. (NPNT) -- Ignore unavailable to you. Want to Upgrade?


To: P314159d who wrote (502)1/23/2000 9:26:00 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 786
 
Technically speaking NPNT has been under steady accumulation for the last 2 weeks. It'll hit 40+ shortly. Volume is just starting to increase and we're now past option's expiration (big moves usually occur after). COVD reports on Tues so that could send us much higher or slightly lower, but I can't imagine it would be a big negative. I bought at 27 recently because I believe in DSL, but I'm mostly a technical trader and I loved the chart.

Long term at what point do the CLEC's undermine NPNT's business.

I think NPNT, RTHM, COVD are all good buyout canidates either way.