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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (49962)	3/30/2001 11:32:01 AM
From: American Spirit	Read Replies (2) of 57584

Good post Rande on telecoms. I agree completely. Now when will the rest of the market? gg Seriously though, get in ahead of the "discovery" that low PE stocks like VZ, SBC, WCOM, FON and T are going to end up literally OWNING the info superhighway around the world. And VZ for one seems almost recession-proof. Haven't even lowered guidance but re-iterated it the other day and announced INCREASED cap expenditure. And let's face it, this is a buyer's market now. Hmm, could VZ buy LU? Or do they already "own" them by giving them the big contract? Today's prices looking juicy, probably the right time to buy into the negativity in techs, like many Fridays recently the best prices were when people were nervous and capitulating before a weekend. Trying to get some EMC and ERICY at a little lower prices. Everyone's nervous about next week but usually when that happens the drop gets priced in ahead of time. So we could be in for a nice big surprise pop. "Don't fight the trend" and this has been the trend lately. Big pops out of the gloom and dom. EMC bounced 8 points last rally and might do it again. Meanwhile telcos have been holding pretty strong except for one day last week.

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