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Strategies & Market Trends : Sharck Soup
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To: Softechie who wrote (20902)5/7/2001 12:42:19 PM
From: American Spirit  Read Replies (3) of 37746
 
WCOM - that's ridiculous ST. 52-week low? Try way overdue for a rally. Support around 18. One of the more undervalued stocks in the market. Either their LD or their huge internet backbone not priced in. Low rates help them restructure debts. Also a takeover candidate. IPO and/or spinoff coming. They know they have to unlock value and will. I admit though it's been underperforming the market and is the only Naz stock which hasn't moved all month except for a one day pop to 21.
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