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Technology Stocks : WCOM

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To: michael97123 who wrote (7400)8/29/2000 1:46:16 AM
From: Jacob Snyder  Read Replies (3) of 11568
 
multiple choice: When T warns, WCOM will:

A) stay the same, since it is just due to an accounting change.
B) go up, since bad news for a competitor is good news for WCOM, and there is nothing to indicate that WCOM is going to issue an earnings warning.
C) go down, since sentiment is so bad that any bad news about any company in the sector is used as an excuse to whack them all. An earnings warning is an earnings warning, no matter what the reason.

And the answer is..........C........and I was hoping to unload a bit more before this rally faded.
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