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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Voltaire who wrote (10796)11/1/2000 9:40:31 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 65232
 
WorldCom does not have the widespread power to stall Naz
sad to see WCom spoken in same breath as ATT

it is more OldTech than we choose to believe
it is mired in longdistance businesses (declining margins)
it went overboard when combining critical businesses
the market is smart enough to know to step away from longdist
the prices are coming down so far, so fast, and nowhere near done going down
time to buy those who sell the vehicles that enable such price decline revolutions

namely: fiberoptic, hispeed networkers

I see this action in early morning as a nice open door to buy
Naz opened minus 60, now minus 35

prediction: Cisco gives positive report, calms market
/ Jim



To: Voltaire who wrote (10796)11/1/2000 10:36:39 AM
From: Venkie  Respond to of 65232
 
I am already too volatile to mess with rmbs..I would need valiums