Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: robsiv who wrote (3660)	3/21/2001 12:28:56 PM
From: Jacob Snyder	Respond to of 52237

re WCOM: That's an interesting way of doing things. It adds one more variable, however (= one more thing that could go wrong). I caught the falling knife on WCOM last year: used the forward 12M EPS to calculate a Value PEG, and then that earnings consensus got decimated. Now, I'm trying to make it back by playing the range. The telcos look to have bottomed first, so I think they are safest to go long on. The semis and telco equips are next safest, and the semi-equips least safe, at this point, IMO. If we get a January-type rally, the upper range on WCOM oculd extend up to 22. But 15 on WQCOM looks like as firm a base as I'm seeing in anything (other than cash!).