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Technology Stocks : WCOM
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To: Cleo who wrote (3666)1/2/1999 5:30:00 PM
From: Jake0302  Read Replies (1) of 11568
 
Cleo... I too have a habit of buying near highs, but short term I think WCOM is headed up for several reasons
1. January bounce... new mutual fund managers deciding to buy for the new year... WCOM is underowned by institutions, according to Money
2. Internet mania shifting to real Internet stocks... WCOM makes 45% of the net, and has a PE of 35... great growth prospects
3. Bell/ ATI is not a done deal.... remember MCI (BT, etc, etc). If Bernie even makes it a fight, well, it might be interesting, and profitable for us... now we have a track record in merger big leagues

just my .02$
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