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Technology Stocks : Metro One Telecommunications--MTON -- Ignore unavailable to you. Want to Upgrade?


To: ChrisJP who wrote (467)9/26/1998 4:44:00 AM
From: MIKE  Respond to of 608
 
Better than nothing is right !
CEO Timmons purchase indicates a bit of confidence in the company,along with a few others.
I've watched the intraday charts on MTON all week, and we seem to have solid support at $7.00. We've been bouncing from there to $7.25 and back past few days. The one year chart also shows past support at this level.
A good earnings report,another contract, or improving market conditions should get us up and running again. If revenues continue to increase as they have been,we should be above $10.00 by years end.
You guys hold on, the upside on this stock is limitless, our patience will soon be rewarded.

GO...GO...GO..MTON !!!



To: ChrisJP who wrote (467)9/26/1998 5:08:00 AM
From: MIKE  Read Replies (1) | Respond to of 608
 
Just another quick thought.
If you listen to any of the business channels lately,i.e.CNBC,you'll notice an increasing number of brokers recommending the smallcap stocks (Russell 2000).
Granted, this group has lagged the market, but as the largecaps begin their slowdown on earnings due to their foreign exposure(see what's happened to KO-Coca Cola), we're going to see an increased interest in domestic smallcaps that are already beaten down. Many, like MTON, have shown increased revenues and beaten earnings estimates the past few quarters.
The "flight to value" will be the increase in share volume that we need to push our stock price up.
It may be a little while for it to sink in, but it's overdue and bound to happen.
Hang tight, and hold your MTON !!!

Best to all,
Mike