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


To: JDN who wrote (6570)5/6/2000 11:40:00 AM
From: willcousa  Read Replies (1) | Respond to of 11568
 
I have much more of my portfolio riding on this one than I should for the reasons you cited. All I can add is that wcom seems to have performed this way every time they have been involved in an acquisition. Maybe the market has simply concluded that wcom is dead money during the period from announcement to approval and are staying out until then. I don't have the ability to time that way so here I am.



To: JDN who wrote (6570)5/6/2000 1:56:00 PM
From: el paradisio  Respond to of 11568
 
Dear JDN, The telecom sector is under the pressure because of AT&T.At 46 WCOM was in overbought condition.I think that yesterday was a buying opportunity, a bullish head and shoulder formation is on the way.As soon as the sector will recover,WCOM should be the first to go up.
el paradisio



To: JDN who wrote (6570)5/6/2000 3:07:00 PM
From: c.hinton  Respond to of 11568
 
The reason may be that the market has lost its reason and can no longer recognise value.Warren Buffett and George Soros have said as much and are getting out.They have more credibility than most.There is a short artical about them in this weeks Economist, check it out.
yours
chinton



To: JDN who wrote (6570)5/8/2000 6:55:00 PM
From: Road Walker  Read Replies (1) | Respond to of 11568
 
JDN,

Right now, it's sort of nice to have a stock that's not going down precipitously. WCOM was my best performer today!

Seriously, WCOM is my best bet for a safe double over the next year. It's being punished because long distance has become a bottomless commodity. Future profit growth, IMHO, will have to be reflected in the stock price.

But I haven't owned it for long, so my patience is probably at a much higher level than yours.

John

John