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Technology Stocks : WCOM
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To: halfscot who wrote (3008)7/23/1998 11:42:00 PM
From: dougjn  Read Replies (2) of 11568
 
As an addendum. You have to understand that this is an industry in which high debt levels make perfect sense. It's stupid not to.

Why? Cause it ain't cyclical. Wcom builds it and they will come. If its costs/prices are right relative to the competition. What happens in a recession is that growth slows a bit. That's it.

Very recession resistant business. Wcom has by far the best strategic position.

I am major bullish on this one. Check my profile to see how often I tout.

Doug
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