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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: chowder who wrote (2141)2/5/2005 8:20:03 AM
From: Jeff Jordan   of 13449
 
Hi ..bum,

I am a long term holder of BWNG sorry to say, however I'm still optimistic they will achieve their goals of becoming the carrier of choice. They have hit some pretty rocky road along the way.

From a valuation POV it is very oversold in that it's network and revenues are worth more than $325 mil. much more!

My medium term target is $16-$20. We'll see? If successful, the longer term price range will be in the $30's.

.........some say I'm a dreamer, but I'm not the only one!

I just may be the fool on this one?<g> I was a much better trader than I am an investor!

Best,

~j
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