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Technology Stocks : WCOM -- Ignore unavailable to you. Want to Upgrade?

To: Joe Veres who wrote (5008)9/17/1999 1:44:00 PM
From: JDN  Respond to of 11568
 
Dear Joe: Seems that way, stock really disappointing lately, wonder what the market is trying to tell us?? JDN



To: Joe Veres who wrote (5008)9/17/1999 5:02:00 PM
From: TheStockFairy  Read Replies (1) | Respond to of 11568
 
WCOM had another data outage do the hurricane that effected NY to Boston circuits. That is why the price crapped out today, even though we ended on the upside.

Remember, there is going to be some kind of charge due to the frame relay outage for next quarter that will offset some of the gains. I am expecting that they report on the numbers overall but not a 20% upside surprize like I would have expected without the outage.



To: Joe Veres who wrote (5008)9/17/1999 7:01:00 PM
From: Keith Fauci  Read Replies (1) | Respond to of 11568
 
The stock is acting somewhat like Home Depot did between 94 and 96. It was dead money for those two years as it traded sideways (offering an excellent buying opportunity) in the split adjusted $15 range. Had I not been patient, I would have missed the last three splits and a $70 price tag. Give it time, I doubt it will take two years to move up like Home Depot did and you will be rewarded.


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