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Technology Stocks : AT&T -- Ignore unavailable to you. Want to Upgrade?


To: Suma who wrote (3681)8/30/2000 1:44:45 PM
From: epicure  Read Replies (1) | Respond to of 4298
 
Analysts are almost always wrong- so it will probably be earlier.



To: Suma who wrote (3681)8/30/2000 5:03:03 PM
From: Captain Jack  Respond to of 4298
 
Suma -- I began researching T as it came down through 42. It had little support until 33. I began accumulating under 32. I have still found no reason to believe there will be a fast rebound but the direction they have taken indicates there is a method to the madness. If all falls into place as planned it seems 50 should be achievable in 18 - 24 months.... if not I certainly would have passed. I'm still not impressed with purchasing to the extent eps is negatively impacted from stated projections and especially do not like the idea of the credit rating being lowered. T is not being held in large quantities by those that like I-nut startups and they cannot begin to have the shade of that sector,,,