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Strategies & Market Trends : Value Investing

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To: Wallace Rivers who wrote (11355)	10/23/2000 3:37:58 PM
From: Paul Senior	Read Replies (1) of 78614

I don't know if swapping out of T is a wise move or not. I'm holding on to my T (at a loss now) because they may -or will- announce a restructuring and the stock has begun to react to that (or maybe the stock has now finished reacting to it ??). Compared to some of my other losers, T has tremendous visibility and interest (from media and investors). It's possible that many are selling for the reason as you are now, but it's also possible that the stock could rise quickly from its current level. So I'm holding. I'm playing WCOM by ICIX. --- would rather make the speculative bet that the merger will go through than purchase WCOM outright. It's a bet. It's only T that you are considering for tax loss selling? Too bad I can't give you some of the many losers that I have that I am able to select from. (wry -g-) Paul

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