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


To: t36 who wrote (3)11/2/1997 9:17:00 AM
From: Will Carson  Read Replies (1) | Respond to of 1983
 
Thanks for info. There are some comments on MFNX on the QWST thread.

MFNX now has a market cap about 1/10 of QWST; shares number about 26 million vs 103 mil.....

While MFNX has a lucrative territory it seems that it is overpriced relative to the progress/profile of QWST. I am not in right now; the MM's may unload the ipo profits. There was a 70,000 block traded at 24 near the close. Of course, that was to an optimistic buyer, wasn't it?