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Technology Stocks : XO Communications (XOXO) -- Ignore unavailable to you. Want to Upgrade?


To: Gary105 who wrote (265)8/5/2001 10:31:17 AM
From: BlueCheap  Respond to of 1018
 
I don't and most of the time I don't get the TOP and neither do I always get the bottom. Such was the case in XOXO on July 30th/01 when I bought 20K at $1.51 after taking nice profits at $1.71. I was confident that $1.50 was the support, WRONG :^) the next day XOXO dropped to $1.23 and I bought 10K more at $1.27 averaging down to $1.43. Then on Monday I bought 3,000 more at $1.30 making me 33K. I sold the 3,000 that same day at $1.42 making $350. Held the 30K and on Tuesday the 2nd I sold those 30K at $1.73 but had I held a bit longer I could have got about $1.80 to $1.83 because XOXO hit $1.85.
However, I bought those 30K back Tuesday at an average of $1.53 and sold Wed. at $1.66 making .13 more cents. Bought them back Wed. at $1.57 and sold Thursday at $1.65 making .08 more cents. Seems like I am forgetting one trade but never mind that, I now have 32,800 at $1.58. So just watch and see XOXO trade.

Now I agree THE REAL MONEY may well be in just holding because I sure feel like XOXO will move to at least $5 and really I feel just as strong it will move to $10 or more. Look at a historical chart and XOXO has almost 2 Billion in Cash and LOTS of INSIDER BUYING..

My strategy is to pick up the swing percentages and hope I am holding shares when she breaks out. With 32,800 shares I will likely only trade 20 to 25K and HOLD the other 7K, just in case..

Here are others I own (besides FONR of course) & at these prices.
CYII @ .22
ASCX @ .73
ENGY @ .047
AIPN @ .10

See Ya,
Malcolm



To: Gary105 who wrote (265)8/6/2001 9:14:42 AM
From: BlueCheap  Read Replies (1) | Respond to of 1018
 
NEWS! Planet Hollywood Signs $1 Million Contract With XO Communications for Single Source, Multi-location Voice and Data Services


Business Editors/Hi-Tech Writers

RESTON, Va.--(BUSINESS WIRE)--Aug. 6, 2001-- 22 Planet Hollywood Locations Realize Increased Simplicity, Service and Savings with XO's National VPN, Dedicated Hosting And
Local/Long Distance Voice Offerings
XO Communications, Inc. (NASDAQ:XOXO), one of the world's fastest growing providers of broadband communications services, today
announced it has signed a multi-year, multi-location voice and data
service agreement estimated to be worth more than $1 Million. Planet Hollywood, the creator and worldwide developer of a
consumer brand that capitalizes on the universal appeal of movies,television, sports, music and other leisure-time activities.
Under the agreement, XO will provide an array of integrated communications services including hosting PlanetHollywood.com and
providing dedicated Web hosting, a national Virtual Private Network (VPN) solution, local voice services for 22 locations and national
long distance service to all of Planet Hollywood's 28 sites.
Additionally, because XO utilizes a seamless nationwide billing platform, Planet Hollywood will have the convenience of receiving only
one monthly invoice for all locations XO serves.
By using XO's newly enhanced VPN service, Planet Hollywood can
communicate between all of its locations using private and secure voice and data "tunnels" through the public Internet at a significant
cost savings compared to traditional private line networking solutions.
Planet Hollywood is collocating its VPN hardware in XO's state-of-the art data center facility in Irvine, California and will
outsource VPN operations and management to XO while still capitalizing on their own existing investments in network hardware. XO is also
providing Server Collocation service offering secure, controlled data center space, Internet connectivity, 24/7 network application and
server monitoring and disaster recovery to ensure the integrity of Planet Hollywood's Web presence.
By combining XO VPN service with XO dedicated hosting, Planet Hollywood operates a reliable infrastructure for application hosting
and can power its innovative chat room events that enable Planet Hollywood customers to communicate with various celebrities.
"We looked at the traditional players in the data and voice communications industry and found each falling short of our need for simplicity, high service levels and real cost savings. XO's depth of services, combined with its national infrastructure, bandwidth and security, are crucial to our business," said Tina Samson, Planet
Hollywood's senior vice president of finance. "In addition to reaping the benefits of a single, reliable provider for our communications
needs, Planet Hollywood expects to add nearly $500,000 in savings to the company's bottom line."
"XO's presence in 62 U.S. markets including a majority of the top 50 markets, enables multi-location companies such as Planet Hollywood to spend less time managing relationships with multiple telecom vendors and focus on operating their business," said Michael Ruley, XO Communications president, market sales organization.