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Technology Stocks : WCOM
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To: el paradisio who wrote (6611)5/16/2000 4:26:00 PM
From: Jacob Snyder  Read Replies (2) of 11568
 
I'm out. Sold at 42 7/16 today. Made a tiny short-term profit.

I expect to buy back, sometime in the next 3 months, at prices 10-20% lower. That is, I'll buy back at 38 and 34.

Can you think of any reason why the stock, the industry, or the market should go up, in the next 3 months? What possible good news could happen? I can think of lots of bad news that could happen, which is why I'm going back to cash.

I'll be back.
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