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

To: Bald Man from Mars who wrote (34292)	9/9/2000 3:05:34 PM
From: American Spirit	Read Replies (3) \| Respond to of 57584

The flip side of that is all bad news is already more than priced in from $47. Also WCOM is not getting valuation credit anymore for its internet backbone business. It's being priced as a LD company and little else. That is an inefficiency. If they were to spin off their backbone business for instance just think of the multiple it might fetch. A ton of value there to unlock. A safe bet. Might go to $28 maybe but I doubt it. Only if the entire market collapses for a day or two. Then maybe. Worst case I have to hold onto the stock a month or two to make a small profit. Worst case IMHO.