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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (34285)	9/9/2000 2:12:08 PM
From: active22	Read Replies (2) \| Respond to of 57584

Good luck son, but you are Gambling. We have seen too many lines in sand live up to their names. I bought 20 LU contracts on friday myself, cause of their fiber optic potential. WCOM and T are getting comodisized. Right now I think they all could go down 2-5 points each, even if they seem "cheap" right now. How long can you hold on?

To: American Spirit who wrote (34285)	9/9/2000 2:32:22 PM
From: American Spirit	Read Replies (1) \| Respond to of 57584

Rande bought WCOM Friday. Trader J thread buying VZ and LU. At least I'm in good company if I lose from here. But you know what? I think I'm gonna win! I think the big boys have dropped these fine companies to these low prices and don't believe they can drop them anymore. That's when they'll turn long and what a lot of upside they have there. Just a couple of buy recommendations on the telecom sector and WHOOSH! back up it will go. The downgrade on WCOM last Tuesday or Wednesday was a farce. The stock was already at $33. It was a short manipulation downgrade. It had no fundamental reason behind it except the stock had already gone down. I should have waited 2 more days to buy (good sense after a downgrade to wait 3-4 days actually) but those buys should produce nice profits soon.

To: American Spirit who wrote (34285)	9/9/2000 2:56:16 PM
From: Bald Man from Mars	Read Replies (1) \| Respond to of 57584

<<On A WCOM for instance I just don't see the downside. Afterall it recently plummeted from 47 or so to 30. And where's the bad news? There isn't any. >> you are assuming that everything is known, which is a very dangerous assumption, because if there is really bad news, you are in serious trouble ...

To: American Spirit who wrote (34285)	10/8/2000 11:12:52 PM
From: Perspective	Respond to of 57584

<Why shouldn't WCOM go back to 45 for instance? > Well, gee - let's see. How about the fact that voice services revenues are plummeting as all this wonderful optical technology reduces the costs of transmitting voice by an order of magnitude? It's a classic case of corporations underestimating the impact of new technology. They have all overbuilt capacity and will struggle to merely recoup their initial investments. With each telecom giant upgrading, the supply of telecom services is exploding far faster than the demand. One day, when those who control access to the network finally reduce DSL to a reasonable price, demand will surge and hopefully catch up to supply. Until that day, though, the price wars are going to be violent. BC