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

To: GregS who wrote (16)	4/9/1999 9:25:00 AM
From: Jane4IceCream	Read Replies (1) \| Respond to of 61

I have done the same and agree about the legitimacy.. But I have always wondered where these analysts get their share price predictions from! Go MGCX! Jane

To: GregS who wrote (16)	4/9/1999 3:43:00 PM
From: Liren Chen	Respond to of 61

Short @ 44 & 47 <- perfect short candidate in short term As CBS Marketwatch mentioned, MGC is a telecommunication company, not a Internet company. In 1998, its gross profit margin is negative. The gross profit margin for most of internet company is positive even net profit margin is negative. In 1998, its loss was more than revenue after founding in 1995. This is terrible. If you look AMZN, COOL, EGGS and UBID, their earnings are loss, but less than their revenue. This is a perfect short candidate. It will go to 20s very soon.