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


To: el paradisio who wrote (6121)4/1/2000 11:34:00 AM
From: Valley Girl  Read Replies (1) | Respond to of 11568
 
One of the top guys (sorry, didn't catch the name but it was either Roberts or Ebbers) said on CNN last night no way would they sell off UU, which he described (correctly) as a one of WCOM's crown jewels.

This stock looks to me like one of the biggest bargains on the Nasdaq. The market appears to be returning to an earnings focus, killing high flyers with no earnings or 3-digit P/Es and snapping up low-P/E earnings machines.

The uncertainty over the wireless, which WCOM desperately needs to resolve (either with FON or some other target), plus the obvious long-term decline in the revenues available from long-distance voice traffic are the only clouds.

I bought WCOM Monday at 42ish. It's not at all far-fetched to think this stock could double in 6 months with continued good earnings and the wireless uncertainty removed.

Just my opinion, not investment advice.

Cheers!



To: el paradisio who wrote (6121)4/2/2000 8:50:00 AM
From: JDN  Read Replies (1) | Respond to of 11568
 
Deal El paradisio and all: Well, I presume by now you all have received the COLOSSAL proxy materials on the merger. This one is BY FAR the largest I have ever seen in my life!! I am reading it as best I can. Its pretty fascinating reading in a strange way. haha. Only up to around page 50 but can tell you I feel better about WCOM now than before with or without Sprint. I do intend, at this point, to vote for the merger as all in all it appears a really good fit, I had some qualms about the cost but havent decided on that yet. JDN