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

To: MIKE who wrote (469)	9/26/1998 8:50:00 AM
From: ChrisJP	Read Replies (1) \| Respond to of 608

Hi Mike, Small caps have lagged they big boys for a few years. So they've been recommended as bargains for some time now. If we get a rate cut next week, or an indication that one is really coming by December, and the bad news doesn't get worse, then small caps should come alive. MTON has no direct foreign exposure (excluding Iowa <grin>). So a small cap rebound plus anticipation of good earnings should Send MTON back on track. $10 -- no question. If earnings are really BTE (better than expected), maybe well see $12 again. If they keep making their numbers, they will be around $28 a year from now (.70 earnings times a PE of 40). To achieve that, the stock has to increase $5/quarter !!!!!! Regards, Chris