Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Metromedia International Group (MMG) Looking for Opinions -- Ignore unavailable to you. Want to Upgrade?

To: Elayne Shochet Tatar who wrote (195)	9/24/1998 9:18:00 PM
From: TheSlowLane	Read Replies (1) \| Respond to of 353

On days like today I need to take a deep breath (or several, but not to the point of hyperventilating) and remind myself of the article I read the other day that talked about the future of broadband wireless local loop, particularly in emerging markets. I am as certain as I can be about anything 3-5 years out that this will be a significant technology and that MMG is in the right place early - but its a risk reward proposition that have some concerned right now. Lots of volume yesterday and today, with China looking doubtful and Eastern Europe in rough shape - I guess I can understand why people are bailing. Still, this stock was at 18 in April, and we're under 4 now? At 18 I was hearing the stock was worth 30...that's looking a bit far off now. Yikes.