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Technology Stocks : John, Mike & Tom's Wild World of Stocks
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To: John Pitera who wrote (1408)6/29/2000 4:49:00 PM
From: Logain Ablar  Read Replies (1) of 2850
 
How not to buy a stock <gg>.

We'll its not the first time nor will it be the last but
the WSTL chart sure looks ugly. The good news is the
bottom should be $13. They just had a floorless removed
and came out with good news today. Now plenty of risk with
this one and I wouldn't add to my foolish position today
unless it prints $16.5 on volumn. Also if it retreats to
$13 I'll sell half and move on. Depends on news and market.

Now normally when I make these decisions without a chart it
runs against my position. Of course this can be another
CAMP in the making.

Speaking of CAMP John. The last mile at some point should
be wireless unless all the signals are bad for our health.

On T's debt service. With their cash flow at some point I
may be looking to purchase some of their bonds. Haven't
done any research on the matter. The time to buy the bonds
will be when the $$ has weakened.

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