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Strategies & Market Trends : Moguls Gold- A Thread That Thinks Like a Fund Manager -- Ignore unavailable to you. Want to Upgrade?

To: $Mogul who wrote (39)	9/18/2000 5:00:36 PM
From: Softechie	Respond to of 303

Take a look at telecom sector and VZ. Monday September 18, 2:49 pm Eastern Time RESEARCH ALERT-U.S. telecom group set for upswing NEW YORK, Sept 18 (Reuters) - Merrill Lynch said on Monday that U.S. telecommunications service provider stocks may be set for a positive swing following several months of underperforming the market. -- said the U.S. telecom services sector has underperformed the broader market due to several events that left investors ``confused and worried.'' -- said the negative events included the collapse of the merger of WorldCom Inc. (NasdaqNM:WCOM - news) and Sprint Corp. (NYSE:FON - news), which indicated that the merger and acquisitions market had grown ``more hostile/confusing;'' the increased competition in the voice long-distance business, which triggered revenue growth reductions at AT&T Corp. (NYSE:T - news) and WorldCom; growth in capital spending that surpassed revenue growth; and several earnings disappointments in the group by both large-cap and new entrants. -- said it believes ``investor sentiment is due for a positive swing given a momentum 'over-correction.' And fundamentally, we believe that this remains a growth industry, indeed one with an accelerating, not decelerating, top line.'' -- said expects to see industry consolidation among smaller companies. -- said current telecom stock valuations ``are compelling in our view.'' -- said based on 2001 earnings expectations, the large-cap telecom services group is trading at a price/earnings ratio of 15.9 percent, which marks a 28.7 percent discount to the Standard & Poors 500.

To: $Mogul who wrote (39)	9/18/2000 5:15:15 PM
From: Zeddie88	Read Replies (1) \| Respond to of 303

Mogul, I've followed your posts for over a year now and you have called the market correctly more often than not. IOW, you have a great track record:) I went 100% cash this morning after selling into the gap and actually spent the day happy and relaxed. There are plenty of chances to make money when the market is good and things are going our way, no point risking it in a downtrend unless it is for the obvious short here and there. Best regards, Sue:) PS: Great thread. It has now been bookmarked.