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Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?

To: fooledalot who wrote (4450)	10/5/1999 10:59:00 AM
From: Mao II	Read Replies (1) \| Respond to of 12662

f: There is virtually no technical support from here to 40s. However, the collar will hold it in the 60s, I think. Right now I am pissed about WCOM, pissed as a shareholder and pissed as a citizen watching the formation of massive trusts across the entire communications and media landscape. Where is the federal government? They let WCOM waltz through the MCI merger; they are watching like bunnies as telcom and media giants merge and merge and merge and merge again. This is competition? Fact of the matter is that the free market spawns the drive to monopolize. Only idiots, ideologues and profiteers think otherwise. Sorry about that. To answer your question: lowish 60s look pretty good for a WCOM bet. Historically the stock has dipped with merger news and risen thereafter. M2