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Technology Stocks : WCOM
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To: Maven who wrote (4124)4/6/1999 2:50:00 PM
From: Frank Wechsler  Read Replies (2) of 11568
 
Robert -

a 3 percent drop in a stock that is so close to its all time high is not a significant comment on the deal.

when it first announced the deal for mci, wcom stock went into a long swoon. if i recall, it went down to the high twenties. you see where it is now.

i've been long for 5 years now, since the ldds days. (full disclosure - i'm also long nxtl, but much more heavily wcom). i tend to trust bernie's decisions - and have done very well.

- frank
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