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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (6646)10/9/2000 11:38:04 AM
From: Jim Willie CB  Read Replies (2) | Respond to of 65232
 
does anyone like Metromedia Fiber Network (MFNX) ???

Gilder offers a compelling argument and story
their urban fiber optic network service business seems ulimately to become such a big winner

stock shares are selling way way below recent highs
/ Jim



To: Jim Willie CB who wrote (6646)10/9/2000 12:00:38 PM
From: abstract  Read Replies (1) | Respond to of 65232
 
Right Brain Visuals:

6 months ago the market resembled a too tall skyscraper waving and wavering in the wind, looking like it wanted to topple.

More recently it looks like a new construction site. First there is excavation (we've passed that) and then core drilling for pylons, followed by installation of the substructure.

The facade doesn't hold up the building. The columns on the pylons do.

Numerous solid stocks have now struck bedrock. The substructure is going (not done yet) into place (looks like it has more fiber optics than copper wire:). And if you've ever seen the pace at which a highrise reaches for the clouds once the subterraneous stuff is done you know that we are soon going to have ourselves a shiny new building.

In the long run it is probably better that the architect chose to implode the old building rather than touch up the cracks - but don't zoning requirements mandate him informing us in writing that there was going to be a big kabom instead of a soft landing?



To: Jim Willie CB who wrote (6646)10/9/2000 1:49:32 PM
From: Jill  Read Replies (1) | Respond to of 65232
 
It's up to 103--somebody's daytrading the heck out of it! I feel good about extr

I l ucked out on a day trade of juniper calls, put in a limit at a price of 5 when they ere 5 3/8, it hit and a few hours later I noticed the calls are now worth 10 so I sold 'em. Nice to get lucky after this crappo market.