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Technology Stocks : Williams Communications Group - WCG

WCG 349.92

+1.4%

Jan 23 4:00 PM EST

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To: Shel10 who wrote (205)	11/29/1999 12:44:00 PM
From: Bosco	Read Replies (2) of 609

Hi She110 & all - I think it is fair to say we are both bullish on WCG <g>. Interestingly, IIO actually notes that there are a lot of insider buying [they are also accessible via Yahoo!] individualinvestor.com Specifically, Williams Communications (NYSE: WCG - Quotes, News, Boards) $29.56 This provider of data communications infrastructure trades at a lofty 6.6 times sales. The company just inked a distribution agreement with Comverse Technology (NASDAQ: CMVT - Quotes, News, Boards). This is positive. Things in general have been heading in the right direction since the company's initial public offering (IPO) in early October. Insiders are excited. Executives have purchased over 1 million shares in the open market at prices ranging from $21.68 to $23. However, investors looking for the company to be profitable will be disappointed. Wall Street expects the company to lose $0.81 per share in 1999. In 2000, consensus estimates have the company losing $1.21 per share. Notice that they were buying on the open market though best, Bosco

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