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Technology Stocks : RCN Corp. (RCNC) - Voice-Video-Internet -- Ignore unavailable to you. Want to Upgrade?


To: Al Paxton who wrote (114)9/10/1998 5:04:00 PM
From: Scott A. Trapp  Respond to of 720
 
Hi Al,
Funny you should post today as I just bought in this morning. I live in Omaha and kind of follow the companies Kweit has an interest in. I bought this on on a gut feeling and really have not looked closely at the financials. The way I see it is everything Kweit touches turns to gold and with the recent price slide I thought it would be a good time to get in. There sure seemed to be some strange activity in the last 1/2 hour of the market.
Scott



To: Al Paxton who wrote (114)9/10/1998 8:17:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 720
 
Be nimble Al...

This market ain't seen its lows yet... but there is a lot of money on the sidelines waiting in the wings for when the price and timing is right.

I figure about 6300-7000 on the DOW, and around the beginning of November after end of year window dressing is over and tax loss selling subsides.

JMO...

Btw, anyone on this thread have any contact with the muckety-mucks at the corporate Hq's of RCNC???

If so, drop me a PM.

Regards,

Ron



To: Al Paxton who wrote (114)9/11/1998 9:26:00 PM
From: Charger  Respond to of 720
 
Oh yes, I'm around. I really like this little company, got in when I thought it had been punished enough. Apparently I was wrong, so I let go of half around 13.5 so that I could pick up same amount lower, should I get that chance. If it stabilizes here, I will pick it up again. I think the market may do that 6500 number and companies like RCNC might suffer from it. RCNC had a nice mention in Forbes this week (as being owned by LVLT, 48%) and the article as a whole was favorable and explanatory about what Crowe was doing and all this new telecom tech. We have time to be long here, and I think we had better be thinking "loooong", but we will be nicely positioned for the later take off, imho.