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Technology Stocks : WCOM
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To: JOHN A. who wrote (10460)6/4/2002 5:51:01 PM
From: Thomas Walker   of 11568
 
I think that we need two things for WCOM to have a sustained recovery. First, the credit line announcement. This should give us some boost, but I'm not sure how much ($2-$2.50 is my wild guess). Then, Q2 numbers with good cash flow, such as would be expected with the prior predictions and the cut in capex. At that point, WCOM may get some new believers. More importantly, if they don't do both of them, I'd guess we'd be under $1 (unless WCOM comes very close to predictions on cash flow).
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