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Technology Stocks : WCOM -- Ignore unavailable to you. Want to Upgrade?


To: Softechie who wrote (8488)1/26/2001 12:42:15 AM
From: el paradisio  Respond to of 11568
 
50 points cut will just keep Nasdaq in a trading range.
This cut is coming too late...Summers and AG forgot some history,like 87 crash.
For any interest cut... the economy will respond within the next 6 month.
WCOM...it will be a short squeeze and rally. I don't expect WCOM to go lower than 17 1/2 this time and it may not happen at all...
Too small and too risky trading range for shorts.They were shorting 23 area.
el