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Technology Stocks : METROMEDIA FIBER NETWORK (MFNX) -- Ignore unavailable to you. Want to Upgrade?

To: H James Morris who wrote (1951)3/18/2002 2:06:20 PM
From: MeDroogies  Read Replies (1) | Respond to of 1983
 
While I was hopeful for the normalized EBITDA, I figured it was unlikely...but I was optimistic they'd at least be very close.

I'm not sure, based on this, that some calls last August weren't accurate, in terms of management misleading investors.
I'm still not convinced it's the case, but I think that Enron and Global Crossing have poisoned the well. Not that MFNX necessarily did anything wrong or illegal. But...one does have to wonder....

I'm still optimistic in one sense. There's a market here. It's just a question of who winds up owning it.



To: H James Morris who wrote (1951)3/30/2002 2:59:03 AM
From: Puna  Read Replies (1) | Respond to of 1983
 
<<Well, my cost was .65c because I believed their prediction "normalised ebitda".
No hard feelings on my part. I knew it was a risk.>>

...65 cents eh...I paid 42...DOLLARS a share for MFNX...at the time I thought it was a good deal...been a tough year...or two

Oh well, out of 12 stocks I have only lost two the hard way.


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