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Technology Stocks : AboveNet Communications, Inc. (ABOV) -- Ignore unavailable to you. Want to Upgrade?


To: Robert Northington who wrote (102)2/16/1999 12:03:00 AM
From: jason  Read Replies (1) | Respond to of 835
 
Why do you guys want such a potential 10-bagger to be taken over? At the most, the suitor will only pay a premium of about 50% over the current market price. I personally would like ABOV to be independent and hope to see my investment to return me at least 4 times from last friday's closing price a year from now. If you spend some time to read ABOV's latest 10-Q, then you'll find that the company has a solid plan in aggressively expanding itself in the next two years. You'll be suprised by how much money you'll make from this stock down the road if the company can successfully execute its business plan, much like I have been pleasantly suprised by how much has AMAT been up from its October low. BTW, many expect AMAT to report a great number tomorrow and I expect the stock to hit 100 sometime this year.

I'll buy more if ABOV dip to below 25.

Good luck investing and happy Chinese New Year!

Bluesky Qin