No. of Recommendations: 0
The market wisdom is moving TGNT's (and WCII and NXLK's) way. While the stocks are not moving together perfectly, I can guess at three potential drivers:

GLBX--QWST battle for customers. At first these bids hurt TGNT, b/c an aquisition looked less likely, but in hindsight any acquisition of "customers" by a pipe owner is good for TGNT

The NYT article on bandwidth. The conventional widsom is moving toward application providers like TGNT. No article appears out of nowhere based on a reporter's unique thoughts, especially in the business section. Salomon Bros. released research on Monday morning saying that the article largely agreed with their thinking.....wonder how that happened?

Q2 results. TGNT is in the midst of a rapid build out. I have no inside info on this quarter, but the recent press releases point toward a very strong result.
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