John, WCOM is targeting the multinational busines market, more lucrative, better margins. All their recent announcements point this way. I'm not techno-savvy enough to provide any insight on their present competitive edge, but everyone on the Street seems to like their business direction and almost every big-cap mutual fund owns WCOM (possibly a contrary indicator <ggg>). One thing I like about WCOM: minimum Asian exposure (and lots of room to grow in Asia, because that region is going to recover).
Jack B. Grubman of Salomon Smith Barney is a big bull, sees $100 in 18-24 months. Every time WCOM dips below $41, I bought a bit more (just 30-50 shares).
BTW, WCOM reports on Oct. 29, before market opens. |
