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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (89518)2/14/2001 10:57:46 AM
From: marc chatman  Read Replies (1) of 132070
 
Mike, what is your view, if you have one, of the long-distance carriers such as WCOM and FON (and even GX)? It looks like they are coming down to retest their recent lows, which is what I would target for entry.

Each has at least some assets that should last for awhile, even if long distance is in a death spiral. But I can't make up my mind whether those assets are enough to turn things around.

On the other hand, I'm thinking that pretty much everyone who wanted to sell has probably sold by now.

Thanks.
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