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


To: advinfo who wrote (545)2/19/1999 7:56:00 AM
From: ChrisJP  Respond to of 608
 
Hi Northstar,

It's pretty quiet because IMO, there's nothing to add to the MTON story. All I can do is laugh at the fact that it's at $17 when everyone knows it will be worth $30 - $50 in a year or less.

Based on past performance of exceeding their numbers, I bet they make .80 - $1 this year. That's my basis for the $50 target.

Congrats on making a great investment decision,
Chris



To: advinfo who wrote (545)2/23/1999 7:44:00 PM
From: ChrisJP  Respond to of 608
 
Analysts cut MTON earning by .01 and that's why the price is taking a dive.

biz.yahoo.com

The irony here is that next years earnings are estimated to be $1.00. So here's a stock that people are selling for $15 even though in a year it should be worth $50.

Regards,
Chris



To: advinfo who wrote (545)2/27/1999 7:17:00 AM
From: ChrisJP  Read Replies (1) | Respond to of 608
 
Hi Everyone !

Based on this chart, MTON is very close to being oversold.

iqc.com

Of course it could hit 12. But since I think this one's going to 40+, I'm accumulating. Bought more @ 13 5/8 yesterday. I'll buy more when the chart says it's bottomed.

The dark cloud here is the major indicies like the NASDAQ and Russell 2000. Institutions who buy and sell small caps like MTON make decisions based on short term timing (as we saw in July & August). So if they head lower, MTON will head lower.

iqc.com

From this chart it appears that the Russell 2000 is oversold (and perhaps on the rebound).

Next MTON earnings report is less than 2 months away.

Off topic: Check out this one:

iqc.com

Someone is buying ever time it trades at 6 15/16 - 7 1/8. This has been going on for 2 weeks now. Chart says selling should be over.

Regards,
Chris