I am short and was scared yesterday.
Today, I think WSTL could go to 5 during the next year. A buyout is my biggest fear now. If management isn't shopping this company, they are idiots. Their window of opportunity is rapidly closing.
I was long in the past, but as the DSL buildout got pushed out, I saw the market going to the larger established companies like, COMS/USR, CISCO, TXN, Alcatel and PAIR. So far, it seems that thesis is right, and WSTL has been my biggest short winner.
There is no way the Alcatel/DSC merger is good for WSTL. More than likely, it is a disaster.
JMHO,
Archer |
