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Technology Stocks : Broadband Wireless Access [WCII, NXLK, WCOM, satellite..]

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To: Bernard Levy who wrote (1275)8/9/2000 10:44:16 PM
From: gruetz  Read Replies (2) of 1860
 
Hi Bernard: I agree with some of your points re interest rates and DCF analyses. However, why the big selloff in the last 3 weeks when it was becoming more apparent that Fed might be done resulting in interest sensitive financials and utilities moving to new all-time highs? Since telecoms are interest rate sensitive like the financials and utilities, why haven't they yet turned the corner?
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