WCOM Message Board - Msg: 13704385

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Technology Stocks : WCOM

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To: el paradisio who wrote (6590)	5/12/2000 9:00:00 PM
From: VFD	Read Replies (1) of 11568

El, <<A pennant.If that is broken to the upside = very bullish. Looking at the other technical indicators,it looks that the brake out is coming. Inverted H&S formation is in process,bullish.>> I think you are too optimistic about this puppy. Like I said before WCOM is dead money at best for quite some time, that is the reason I sold about 1 month ago. I bought back 1/4 of what I used to own a few days ago at 40 5/8 and plan to keep it for a couple of months to see what comes out of the FON deal. Quite frankly I am not too excited about WCOM's future as not even good earnings have moved it. My feeling is that investors perceive it as another AT&T.

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