WCOM Message Board - Msg: 13725863

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Technology Stocks : WCOM

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To: JDN who wrote (6644)	5/17/2000 11:32:00 AM
From: Jacob Snyder	Read Replies (2) of 11568

Actually, you're right. Most of the (company-specific) bad news is already in the stock. But further bad news from AT&T can pull down WCOM. Mostly, I'm worried about the overall market. It would take surprising good news (not just the absence of bad news) to make a stock buck the market downtrend I'm expecting. And I don't see any particularly good news about WCOM coming out anytime soon. I'm setting limit buy orders to get back in about 10% lower than I sold. I know that doesn't seem like much, but I think I can afford to be choosy, as a number of stocks I'm willing to buy are getting into buy range.

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