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Technology Stocks : Worldcom (WCOM)

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To: Will Cunningham who wrote (12)5/16/1996 10:23:00 PM
From: Anthony Wong   of 19
 
USLD really shot up today! Looks interesting, but I would have to check with my broker tomorrow to find out the reason.

USLD had been mentioned positively by one or two analyst at CNBC during the past few months, but this stock seems to be underfollowed by Wall Street, which may be a good thing, because everytime a brokerage firm starts covering the company with a "buy" recommendation, the stock normally pops up a couple of points. USLD ranked 7 on Fortune Magazine's list of 100 fastest growing company, so I guess more and more brokerage houses would start covering the stock. USLD is covered by Value Line, so I am not sure it is really underfollowed, though. Its chart looks similar to Worldcom's. If it pulls back a bit I would buy 200 shares.

Not much information here. Hope it helps.
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