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Technology Stocks : WCOM

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To: el paradisio who wrote (6338)4/6/2000 4:05:00 PM
From: KevRupert  Read Replies (3) of 11568
 
El Paradisio, my time frame is at least 1-year out on this stock. I believe in the company, and believe "wcom"'s move into wireless will be beneficial in quarters/years to come. I'm confident in management, value the "uunet" division greatly, and believe the stock will move higher in the long-run. In the short-run, it could go to $35 as easy as it could go to $55. I've never been to good with s/t predictions.

This isn't a stock that I'm playing with short-term dollars. If I can average 15-20% on this stock per year, I'm quite content.

It's over $100b market cap, and significantly higher if the "fon" deal is approved. I'm not expecting huge volatility on the stock, and/or huge price movements. But that's part of the reason I'm in the stock. Techs usually falter between now & summer's end, so I'm in "wcom" for its stability, relatively low valuation, and the fact that a lot of bad news is already priced into the stock. I've moved a lot of $ out of high-tech individual issues due to the volatility, expected higher interest rates, and high levels of margin by investors.

Just my opinion,

Respectfully, advalorem
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