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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: lifeisgood who wrote (26190)	6/6/2001 11:46:08 AM
From: Dave Gore	Respond to of 37746

Life, of course you could be right about MFNX, but you may want to think that thought through a little more. Deutsche Telecom probably did a lot of due diligence on MFNX before doing a 20 YEAR deal with them. Most big corporations do. Also because MFNX DID land a deal with DT, it should make it much easier for MFNX management to get more financing on pretty good terms. The DT deal gives them more credibility. Remember I am never advocating that people go nuts and put tons of money in any stock and certainly one should always put in stops for protection. But I think that you always need to look at REWARD to RISK and momentum. Right now, with the stock near its 52 week low and things looking more positive with the DT deal and IT spending improvements, I think this could be a good one. If things turn south my stop will get me out at breakeven. No big deal.