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Technology Stocks : AT&T
T 25.74+0.3%3:59 PM EST
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To: Dennis who wrote (2463)5/26/1999 9:07:00 PM
From: Walter Xie  Read Replies (2) of 4298
 
Dennis,
I think T is still in the period of digesting the last run up, meaning shaking up loose hands and attracting good money. (Is Bill Gates 5bln still there?). I believe their cable play will eventually make a big hit. I went long last month when it dropped to low 50 after the media one deal. If it drops below 56 without bad news, I would consider to add more. You may want to average down during dips. But you have to make your own decision. Good luck.
Walter
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