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Technology Stocks : Wireless Facilities (WFII)
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To: Art Bechhoefer who wrote (424)3/30/2001 10:29:27 AM
From: Rupert  Read Replies (2) of 465
 
Demolished today on yesterday's earnings guidance. We longs have been killed on this. But we're approaching a single figure P/E ratio on this at the moment. Market cap of $150 million on this seems ridiculously low. But that's the market at the moment. This may go lower short term as some battered longs run up the white flag. Seems like a good candidate for averaging down from high price holdings purchased last year.
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