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Technology Stocks : Lightpath Technologies: LPTH New WDM player -- Ignore unavailable to you. Want to Upgrade?

To: Grantcw who wrote (362)	1/21/1998 3:18:00 PM
From: craig crawford	Respond to of 1219

<< I'm surprised to some degree that you did it today as the 200 day moving average was just crossed yesterday. People like that in their stock screens... >> Doesn't matter to me. I'm more concerned with the valuation of the company ($120 million) and how much I think it's worth. << Watch out for news. NASDAQ acceptance or a large Gigamux sale could really hurt. >> I remember the excitemt anticipation of a NMS listing several months ago when FIBR was at 7 or 8. Nothing in my mind has improved the likelyhood of FIBR gaining acceptance. I think it is just something drummed up by people to hang their hopes on. Kind of a carrot at the end of the line. As for the gigamux, I haven't kept to current with FIBR but I know it takes several months minimum before the bells will place any significant order. Trials are one thing, orders are another. I don't expect to see any significant orders for the gigamux in the next couple months. I could be wrong, I'll have to look into it. Convincing bells to put the gigamux in their system is much more difficult than selling a piece of networking equipment for example. Phone companies are sticklers for quality and do rigorous testing. Sorry if I'm rambling, I have company over so I'm rushing this message out. I added to my FIBR short BTW.