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Technology Stocks : VSTR

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To: BAXTERBOO who wrote (23)9/22/1999 3:25:00 AM
From: Sanjay Varma  Read Replies (1) of 60
 
I can't believe that they're valued at $60/share. Congrats to all you longs!

IMO, wireless stocks should weather an October correction better than other tech stocks. But I really can't accept $60/share as VSTR's valuation. They have lots of debt!

I haven't done the math, though. Perhaps a nationwide footprint will guarantee that subscriber growth is high enough to warrant the valuation.

Baxerboo, would you buy VSTR in a pullback? At what price would you buy?
-Sanjay
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