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

To: Liren Chen who wrote (24)4/9/1999 4:18:00 PM
From: Nicholas Rauch  Read Replies (1) | Respond to of 61
 
MGC Communications maintained STRONG BUY at ING Baring Furman. The price target was raised from $27 to $90.
Would not short this stock right now......Nick



To: Liren Chen who wrote (24)4/9/1999 10:01:00 PM
From: sargent  Read Replies (2) | Respond to of 61
 
Actually, it will "lead you to believe" (no "let's" involved).

Nevertheless, I would agree this baby might head south shortly for a very brief period of time to take a quick breather before it makes its way to 70 if, for other reason, momentum of the sector and the float.

Noticed you forgot to mention there were a few insider buys last year...an oversight I am sure.


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