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Technology Stocks : UCOMA UnitedGlobalCom
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To: Madharry who wrote (475)6/20/2001 2:28:51 PM
From: tuck  Read Replies (1) of 489
 
In the long run, your thesis may be correct. In the nearer term, the perception that european economy might outperform U.S. economy seems to be changing to a perception that it is simply lagging it, and thus due for a contraction of its own. Thus fears that european money would flee the U.S. markets are likely overblown. U.S. likely to come out of contraction first. This, combined with unfavorable regulatory decisions for UCOMA and the apparent failure of Chello, is causing folks to bail for a while. My humble opinion. The contrarian in me is looking for a bottom, but I'm too busy at the moment to try to do a thorough balance sheet analysis of this somewhat complicated company. Going to have to leave it at this thought for now. But thinking about bailing on OGSI for smaller than expected profit for similar macroeconomic reasons.

Cheers, Tuck
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