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


To: JDN who wrote (6644)5/17/2000 11:28:00 AM
From: SecularBull  Respond to of 11568
 
Agreed!

LoF



To: JDN who wrote (6644)5/17/2000 11:32:00 AM
From: Jacob Snyder  Read Replies (2) | Respond to of 11568
 
Actually, you're right.

Most of the (company-specific) bad news is already in the stock. But further bad news from AT&T can pull down WCOM. Mostly, I'm worried about the overall market. It would take surprising good news (not just the absence of bad news) to make a stock buck the market downtrend I'm expecting. And I don't see any particularly good news about WCOM coming out anytime soon.

I'm setting limit buy orders to get back in about 10% lower than I sold. I know that doesn't seem like much, but I think I can afford to be choosy, as a number of stocks I'm willing to buy are getting into buy range.