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Technology Stocks : WCOM

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To: shortilong who wrote (10057)5/14/2002 1:19:53 AM
From: pcyhuang  Read Replies (2) of 11568
 
Buying Opportunity?

We are again recommending the purchase of WorldCom Corp.
(WCOM @$1.38). The recent combination of circumstances --
departure of the chief executive, investigation by the SEC
and the simultaneous downgrade of its bonds -- has caused
the stock to be valued at the lowest p/b ratio of the 500
companies in the S&P 500 index. Now the selling pressure
caused by S&P's decision of dropping the stock from its
S$P500 index has created an interesting buying opportunity.

clearstation.etrade.com.
Click here to see our current reasoning on the situation.

pcyhuang
huangcapital.com
Huang's Mechanical Hedge Investing
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