Malcolm, that ATT report can be read two ways. The problem is none of us really knows what is going on. There is reason to believe WCII and T have been talking. With the exception of, what I coin dilution, everything else looks positive yet ---tubes. I have noticed a difference in how some of us are reacting to the drop. I believe in what WCII is doing. I bought it based on its possibilities in telecom. My reason for buying it still is valid. I got it for the long haul. However, we have some who bought it to make a conservative 30 % and get out. Others may be day traders and others are into options or whatever. Although I'm not pleased it has dropped, I won't be burnt till I sell. Further,my loss would be negligible. However, for those into WCII for other reasons, they could be experiencing having there money tied up longer than they anticipated etc etc. Also, someone on margin would be anxious. As long as we don't have the problem Centennial had, I'm waiting.
By the way, post 718 Robert Leary is at Winstar. He would have posted something if he could. Oh well, it's not frustrating me #**&(+@#$^^ !! |
