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Technology Stocks : CPTL -- Ignore unavailable to you. Want to Upgrade?

To: Elvis Jones who wrote (164)	8/5/1998 12:35:00 AM
From: Vincent	Read Replies (1) \| Respond to of 199

To Pluvia and Duke Matlock: You both have some relevant arguments against the survival of CTC Communications. With the recent news about the reversal of the temporary restraining order and the near completion of financing makes both your arguments somewhat weak. Granted, no financing has been completed. But on July 10th a news release was issued, stating that the company was in final stages of completing financing. That is a fact. You can read the press release for yourself. The reversal of the temporary restraining order is significant. Those 5,000 customers were loyal CTC customers representing over $100 million in billings. That is another fact. I do agree that their working capital may be low. Also realize that a CLEC with a temporary restraining order was signing up approximately 8,000 access lines per month. Not to bad. Many CLEC's needed 1.5 years to sign up the amount of lines that CTC signed up in seven months. For some time things did look very uncertain for the company. I believe the worst is behind them. The $125 million dollars in financing is absolutely critical however. I can not disagree about that. If you believe the company will not be able to get financing you have a very valid argument to short. With the overturning of the temporary restraining order the company will be able to sign up many more access lines than before because of these loyal customers. Keep in mind CTC has much more competitive prices than Bell Atlantic. Only time will tell about the financing. Good luck to all

To: Elvis Jones who wrote (164)	8/5/1998 1:58:00 AM
From: Pluvia	Respond to of 199

Greetings Duke, Thanks for the introduction!! Glad to see us on the same side of a stock! No hard feelings for any past posts I hope. BTW here is a list of my past short picks: All Past Strong Sell Rec's SRCM @$30 now $16ish PLSIA @$12 now trading halted @$4ish TLTK @$8 now Delisted .10-.20c SYCR @$4 now BK 70cish AKSEF @$5 now .93c This IMO is not a stock you want to hold in any market, but particularly not in this market. Longs should seek shelter ASAP IMO. Lots of other quality stocks getting cheap right now, take what you have in this and move on. Rain Securities & Pluvia Capital Research "where reality rains" Cheers Steve