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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 Jan 05, 2001 12:04am
68 Views
Post# 3073555

RE: Happy new year yankee

RE: Happy new year yankeeAnd a Happy New Year to you, Uograd. Nice to see you've popped out of your shoe to spread some more doom and gloom. Maybe a few more suckers will sell at 12 cents. FRP has lost 90% of its value since its high last year, very close to the drop in value of the CDNX technology index. I'm pointing that out since you may have missed a few important things during your hibernation. There are countless Internet and tech stocks, even ones listed on Nasdaq, that have lost even more than 90% of their value. I'm a long term investor and what matters to me is this company maturing and developing as a business, and this is happening. The commitment is there from the people involved to make FRP a success. The reason FRP is doing a financing at these levels, at this time, should become more apparent in the coming weeks. Stay tuned.
Bullboard Posts