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Technology Stocks : WCOM
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To: George Burke who wrote (4803)7/28/1999 11:47:00 AM
From: Joe Veres  Read Replies (1) of 11568
 
I agree that in most cases, a stock sell off just prior to earnings is generally a tip off of less than spectacular results. However, I think in WCOM's case, a fair amount of the possible bad news and nervousness stemming from the analyst warning of a couple of weeks ago has already been priced into the stock. Perhaps just meeting expectations with no sign of any slowdown in revenues will alleviate investor fears and will allow the stock to trade back to it's former loftier levels. Tomorrow will definitely settle the issue, one way or another. Luck to all!!

J.V.
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