SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : WCOM -- Ignore unavailable to you. Want to Upgrade?


To: el paradisio who wrote (6338)4/6/2000 4:05:00 PM
From: KevRupert  Read Replies (3) | Respond to of 11568
 
El Paradisio, my time frame is at least 1-year out on this stock. I believe in the company, and believe "wcom"'s move into wireless will be beneficial in quarters/years to come. I'm confident in management, value the "uunet" division greatly, and believe the stock will move higher in the long-run. In the short-run, it could go to $35 as easy as it could go to $55. I've never been to good with s/t predictions.

This isn't a stock that I'm playing with short-term dollars. If I can average 15-20% on this stock per year, I'm quite content.

It's over $100b market cap, and significantly higher if the "fon" deal is approved. I'm not expecting huge volatility on the stock, and/or huge price movements. But that's part of the reason I'm in the stock. Techs usually falter between now & summer's end, so I'm in "wcom" for its stability, relatively low valuation, and the fact that a lot of bad news is already priced into the stock. I've moved a lot of $ out of high-tech individual issues due to the volatility, expected higher interest rates, and high levels of margin by investors.

Just my opinion,

Respectfully, advalorem



To: el paradisio who wrote (6338)4/6/2000 4:11:00 PM
From: el paradisio  Respond to of 11568
 
TO ALL,What to expect tomorrow.
We were checking the bottom at 42 1/2.In technical view
that second bottom should be usually higher than the previous one at 41 1/4 for the stock with upside potential.
Closing is neutral and I do not have any clear signal now.
Another words,it can move in any direction and be very volatile.Hopefully tomorrow I will get more clear picture.
All disclaimers apply