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Technology Stocks : WCOM

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To: THE WATSONYOUTH who wrote (5636)1/11/2000 1:37:00 PM
From: JDN  Read Replies (1) of 11568
 
Dear Watson Youth: The strange thing is WCOM has a very high recommended ranking, at 12/31 a rating of 1.22 on scale of 1(best) to 5(worst). Todays slide seems to be related to overseas weakness in telecoms and banks. My basis is about 50 and I thought I had it near the bottom. So short term, who knows? I originally bought into WCOM to add a quality Telecom stock to me core portfolio so while its recent slide is irritating it is of no major concern to me. I had no intention of selling here, or at 70. Far as I know the basics havent changed for WCOM. Neither I nor my broker is aware of anything negative out there either. JDN
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