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Technology Stocks : AWE - ATT Wireless

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To: JohnG who wrote (108)5/2/2000 8:29:00 PM
From: KevRupert   of 329
 
AWE's credibility:

thestreet.com

"...Luskin had shorted AT&T from the high 40s to the high 50s and has since covered two-thirds of it. He says he'll keep the rest, "and if there's a significant recovery, I'll short into it." What's more, he says, "I think the recent wireless spinoff is a short" for "the same reason the parent is: It's obsolete." He didn't short it, however, because he couldn't borrow it."

For everyone who took the time to research "awe", the knowledge that "awe" is based on obsolete technology has been a known fact for months! I would read the entire thestreet.com article for the full understanding.

Many si members have voiced their concerns about this issue, only to be ridiculed by the pollyannas on this thread.

Good luck either way.

Just my opinion,

Respectfully, advalorem


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