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Technology Stocks : WCOM

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To: JDN who wrote (4937)8/22/1999 10:34:00 AM
From: Mike Gordon  Read Replies (2) of 11568
 
JDN, Your point is well taken. Most of what I heard was from CNBC. I get a sense that the press, WCOM, or LU can't identify exactly what happened or who was truly at fault.

In any case, it's hard to determine the exact impact on WCOM's current price, or what the potential is for recovery. Many on this thread are calling for under $70 per share. I think we will see a slight bounce back early this week. Then WCOM will be subject to the overall tone of the market. Less than $70 may only be seen with a serious correction to the market. Just MHO.
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