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.

Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (25860)	1/26/1999 2:55:00 AM
From: Doug R	Read Replies (1) \| Respond to of 79237

Oh...and by the way, There was an MTON release today for those not tracking it: Metro One Telecommunications Announces New Call Center in Atlanta PORTLAND, Ore., Jan. 25 /PRNewswire/ -- Metro One Telecommunications, Inc. (Nasdaq: MTON), the leading provider of Enhanced Directory Assistance(R) (EDA) to the telecommunications industry, announced that it has commenced providing its EDA service from a new call center in Atlanta, Georgia. This new call center will service traffic from subscribers of several carriers in Georgia and several nearby states including Alabama and Tennessee whose calls were previously handled from Metro One's call center in St. Louis. "This new call center, our eighteenth, represents the continued execution of our strategy by adding to our growing nationwide network of call centers that is unmatched by any competitor," commented Timothy A. Timmins, president and chief executive officer of Metro One. "Providing our service on a local basis remains an integral part of our ability to provide the best EDA service in the industry." Metro One Telecommunications, Inc. is recognized as the pioneer in the development of Enhanced Directory Assistance services for the telecommunications industry. The company operates a network of strategically located call centers throughout the U.S. Revenue for the full year 1997 was $26.1 million. Revenue for the first nine months of 1998 was $31.3 million, or 84 percent above the same period in 1997. The company handled approximately 42 million requests for directory assistance on behalf of its carrier customers for the full year 1997 and approximately 50 million requests in the first nine months of 1998. For more information, visit the Metro One Telecommunications web site at metro1.com. This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. The forward-looking statement involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements, including, but not limited to, increased competition, expiration of EDA contracts, the rapidly changing telecommunications market, changes in pricing policies by the company or its competitors, lengthy sales cycles, lack of market acceptance or delays in the introduction of new version of the company's products or features, the timing of the initiation of wireless services in the new market areas by telecommunications customers, the timing and expense of the company's expansion of its nationwide call center network and other factors detailed in the Company's Securities and Exchange Commission filings, including its reports on Form 10-KSB for the year ended December 31, 1997 and on Form 10-QSB for the quarter ended September 30, 1998. The forward-looking statements should be considered in light of these risks and uncertainties. SOURCE Metro One Telecommunications, Inc. CO: Metro One Telecommunications, Inc. ST: Oregon, California, Georgia. Alabama, Tennessee IN: TLS SU: 01/25/99 16:00 EST prnewswire.com MTON's chart suggests some very positive activity will occur right here and the news is well timed for that. I'm going to go out on a limb and put a 3 week target of 23 3/8 on MTON here. Of course it depends on overall market conditions going forward but I'm also bullish on the market too. It just might come to pass that somebody out there in "market mavin land" recognizes that the communications industry should be "blended" into the transportation industry as far as the "Dow Theory" is concerned. But...they're always somewhat behind on these things, so...we'll see. It is only logical that communication is the transport of ideas and services. Internet...the information superhighway....infrastructure. Major stuff. Major advances in telephony have coincided with the "thwarting" of the Dow theory before, I don't see why it won't happen again. Doug R