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Technology Stocks : Advanced Radio Telecom (ARTT)
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To: Obewon who wrote (1050)4/16/2000 2:24:00 AM
From: Bernard Levy  Read Replies (2) of 1176
 
Obewon:

I am wondering where you were when during the
summer of 98, almost all CLECs lost 75%+ of
their value in 2 months. If a category of investor
is really well prepared for the current period, it's
all the CLEC veterans of the Summer of 98. I won't forget
Winstar going from $45 to $10. If my memory serves
me right ARTT went from $17 to about $3 during this
time frame. When severe downturns hit, they look quite
frigthening, but ultimately fundamentals always prevail.

Regards,

Bernard Levy
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