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Technology Stocks : VSTR

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To: BAXTERBOO who wrote (5)7/16/1999 2:58:00 PM
From: Sanjay Varma  Read Replies (1) of 60
 
Greetings! I've been reading several articles recently about VoiceStream. This week's BusinessWeek discusses the possibility that VSTR will buy other GSM wireless carriers to create a nationwide network. The article speculates that MCIWorldCom will buy VSTR in order to finally offer wireless service to compete with AT&T/Sprint.

The stock is at a 52-week high, and since it's a money loser I suppose this is purely due to takeover rumors. I'm trying to identify price targets for entry / exit, and would appreciate any opinions or comments.

-Sanjay
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