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Technology Stocks : METROMEDIA FIBER NETWORK (MFNX) -- Ignore unavailable to you. Want to Upgrade?

To: MeDroogies who wrote (118)12/21/1998 11:30:00 PM
From: Magnifique  Respond to of 1983
 
Me, Technical pattern of the chart,as well as turnaround fundamentals,together with breakout on higher volume today, speaks for higher prices tomorrow. Good luck, Magnifique



To: MeDroogies who wrote (118)12/22/1998 12:07:00 AM
From: LLCoolG  Read Replies (2) | Respond to of 1983
 
Why would someone short this stock? It does not get high visibility, seems to be protected by Bear Stearns, and will be a low-cost network that someone will most likely buy out within the next few years.

Sounds like the shorts are "value" people who don't understand what will be necessary in the future. Copper networks will be poor.

Look at what this company is worth to AT&T or Worldcom. Probably more than $63 per share.

Regards,

G


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