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Technology Stocks : MetroNet Communications Corp (METNF) -- Ignore unavailable to you. Want to Upgrade?


To: SteveG who wrote (17)3/31/1998 12:18:00 PM
From: David H. Zimmer  Read Replies (1) | Respond to of 30
 
METNF has come down from its recent lofty run to what we consider to be a buying opportunity. Yesterday's volume was significant with a major new buyer appearing to gobble up everything that was sold -- we notice SmithBarney on the bid all day.

METNF is where ICIX was two years ago -- they hired the former President of BFPT -- a security we bought at $15 and eventually sold in the $50s.

We are buyers here and are adding to our already large position.

Zimmer