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Technology Stocks : WCOM

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To: wrm1 who wrote (6031)3/23/2000 10:49:00 PM
From: el paradisio  Read Replies (1) of 11568
 
I think soon...Remember MCI deal? The same story now.We are just missing momentum because of FON deal.I have my own TA system and it looks that we can move up now. Still we can have a trading range 43-45-49 1/2. Around 49 we have some resistance to overcome.
Remember,we are building now a very strong base around 43 area.Even if the market will crash and WCOM will go to 38,it will be for a short time and sure will come back fast to the base at 43.
I expect that range for the next few month.
There is also a chance, that we will be having UUNET as a tracking stock before the close and we can expect faster move up.
I am very positive about the future of the company but because I like pure technical analysis,I do not want to make any speculations.
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