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Technology Stocks : UCOMA UnitedGlobalCom
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To: nelli who wrote (307)2/17/1999 11:58:00 AM
From: steve host   of 489
 
Ahh but the question is what part of the correction we are in-- begining, middle or end. If you look at the overall damage already out there there could be an argument that we are more than 1/2 way through. As far as UIHIA, it is also corrected by 30% from its high of 66 and some would argue that it hung in the high teens for years unnoticed by most while it built up its assets, so it's only now, with it's IPO and new found cash and MSFT deal that it is making up for lost time.

Those that purchased ONSL in Oct in the low teens after correcting were very happy 2 months later when it broke 100 and even today after correcting substantially still in the 30s.
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