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

To: Jacob Snyder who wrote (6621)	5/16/2000 8:45:00 PM
From: el paradisio	Read Replies (1) \| Respond to of 11568

Guys, to avoid any misunderstanding in the future,I would like you to know clearly where I am standing and what is my expectation for the future. I decided to stay in WCOM for the next few years. The reason is, instead me purchasing some unknown small companies to diversify, I trust that Ebbers will do it better than me. Market will rally for a short time and after we can expect sideways trading. I expect WCOM to trade higher from now and my short term (1-2 month) target is 50. However, I do not expect WCOM to go above any time soon. As Jacob mentioned, the telecom services may and will hold better than the others,from a very simple reason.... this is also a utility, not only a "dot.com". Sector rotation and good trading opportunity..... this is my market prediction for the near future. el

To: Jacob Snyder who wrote (6621)	5/16/2000 10:11:00 PM
From: John Koligman	Read Replies (1) \| Respond to of 11568

I've had my eye on Worldcom for some time as I tend to be attracted to beaten up big tech. However, I've been trading the stock, it's similar to Compaq in that it seems to move in a range from 40-45, with Compaq moving from 25-30 over and over again. I agree that in a slowdown the high PE stocks take a much bigger hit, just as the 'fiberfliers' have (JDSU and the like). For now, Worldcom appears to be going nowhere fast... Regards, John PS - I also can't see the market rallying big in here, the FED did say they are inclined to continue tightening. As you say, time will tell.