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FairPoint Communications FRP

"FairPoint is the seventh- largest local telephone firm in the United States, following its acquisition of Verizon's northern New England assets. It operates in 18 states serving 1.4 million access lines, though nearly 90% of these are in Maine, New Hampshire, and Vermont. The firm was founded in 1991 and has its headquarters in Charlotte, N.C."


NDAQ:FRP - Post by User

Bullboard Posts
Comment by yankee1on Jun 14, 2000 9:42pm
34 Views
Post# 2064917

News & Other Tid-bits

News & Other Tid-bits A busy day...I've done some investigating, I think it's a strong likelihood you'll see an announcement concerning Otherways tomorrow, perhaps before trading begins at 6:30. If it's not tomorrow, then Friday for sure. I suggest everyone re-reads Tuesday release. There's more to it than meets the eye. This India thing is going to be very significant. Here's something else. I first heard talk about this months back, and it has resurfaced. Expect FRP to appoint a high-profile CEO in the not-too-distant future, one with a solid track record in the technology field. CDNX approval? It's a rubber-stamp matter at this point, 99% chance it will be granted by month-end. Speculation is increasing that approval will come sometime next week, but it is a done deal. Other acquisitions - some things are cooking here, some announcements forthcoming. U.S. buying - as I stated yesterday, some heavy American hitters are stepping up the plate with FRP over a buck. PREDICTION: Whatever happens tomorrow (and it has the potential to be a very interesting trading day), FRP will be at levels higher than tomorrow's highs a month from now. Message - hold on to this puppy!
Bullboard Posts