Andrew-
Estimates are occasionally given with specific target dates. These were not. A typical default for unspecified target prices is 6-12 months. I know that most of these estimates are intentionally conservative, allowing for easily upping them as company accomplishments might warrant
from the fwiw category:
I can definitively confirm rumor (mentioned on Yahoo) about WCOM's recent interest in broadband fixed wireless. About a month ago, Ebbers is known to have made public statements to this effect (I'll get and post the quotes and locations).
Interestingly, this was in sharp contrast to comments that Sidgmore made at NBMO Telecom conf in NY last summer, where he claimed WCOM had NO interest in broadband fixed wireless - at his luncheon talk which was IMMEDIATELY after BR's presentation. Bill clarified to a couple of us that Sidgmore really didn't know what BBFW was about, and that when he DID, he would feel differently. It seemed obvious to me that BR was right on about this, as I viewed it seriously short sighted (or vacuously political) for ANY telco to not have significant interest.
That Bernie has recently publicly expressed interest, renewed the respect for WCOM management that I had previously suspended as a result of Sidgmore's comments (and I really like WCOM and JS).
This is NOT to say or imply that anything is necessarily soon to happen with WCOM and WCII, if EVER. It IS to say, however, that it would not be at ALL surprising that due diligence was underway. I DO think we hear about a partner for Europe sometime in the next couple of months - might WCOM play a role there?
And independant of any rumors, fwiw as I previously posted, I have been buying - including yesterday even up to the close. My inclination is to buy into both strength and weakness.... including options (ouch!)... Jan2000s moving very nicely.
And to satisfy the techies, chart looks strong, if somewhat short term extended. We DID break out above 200dma on strong volume, so this may propel us higher still next week.
Here are some to consider
The following 3 graphs are 5 day, at 5 min intervals, with a different lower graph indicator, highlighting different aspects.
1) w/lower graph showing bullish MACD:
bigcharts.com
2) w/lower graph showing OBV accumulation:
bigcharts.com
3) w/lower graph showing bullish money flow:
bigcharts.com
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11-6 intraday chart with several by minute (not day) indicators
geocities.com
and for the adventurous or bored (my bootup .wav - 650K file)
geocities.com |
