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Technology Stocks : Able Telecom (ABTE)

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To: QuietWon who wrote (605)3/8/1999 9:38:00 PM
From: QuietWon  Read Replies (1) of 700
 
Bill, you'll be happy to know I'm looking to hold only a small core position - having said that, in 6 months ABTE will probably be up 50% or more from these levels. Should have held QWST, UNPH. Arggh.

For the same reason Anthony mentioned when he covered, this stock has a narrow range and there's so much else out there that moves. Not worth it to watch something which moves so narrowly.

Curious to see how this pans out over the next year or so. Someone is wrong (or if the stock stays about where it is 6 or 12 months from now, I'd say both are wrong and our time has been wasted, whether long or short). I just find it hard to believe that WCOM, AIG, ABTE, Arthur Andersen all missing something.

So as to keep a reasonable dialog, forget the $ in the position (1,000 shares and likely fewer I doubt will have much affect on the share prices), I'll bet $1 it will trade higher over the next year or so.
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