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Technology Stocks : Viatel (VYTL) -- Ignore unavailable to you. Want to Upgrade?


To: jerryriti who wrote (58)7/19/1998 4:46:00 PM
From: John B. Williams  Respond to of 157
 
Any explanation for the big run up in the stock Fri.?



To: jerryriti who wrote (58)7/19/1998 7:54:00 PM
From: jerryriti  Read Replies (1) | Respond to of 157
 
As i noted, this one can easily become a takeover candidate...has been growing its top line as it invests in the future...for now, I will continue to hold as long as it grows its top line...should earn $2+ by 2001. Maybe, funds have awakened to the potential or it can be on someone's shopping list! If it is in takeover mode I expect we will see it meander down and then surge forward on huge volume increases..also, merger/takeover is the name of telecommunication these days and they have been building slow but steady in European markets. All is based on intuition!