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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: TWICK who wrote (14663)9/14/1998 1:51:00 PM
From: TWICK  Read Replies (1) of 120523
 
Speaking of WAXS. This is one my favorites in the telecom equip sector. Looks like a great level for buying. Last major support was at 22 1/2 before run-up to 40. I believe we should see a steady move up once the Resurgens acquisition is completed. WCOM will own a decent size stake in WAXS once the acquisition is completed. That is also positive IMO. Limited exposure to Latin America, but the telecom growth there is exploding.

TWICK
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