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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (42650)4/25/2001 11:26:46 AM
From: American Spirit  Respond to of 56535
 
WCOM - 80 million short shares can't be right. Will have to cover. WCOM the last big tech which hasn't rallied. It will. Obviously a disapointment is priced in now. They're looking at FON's report. But even FON had steady revenues and lesser profits because of new investments to try and diversify from LD. WCOM has huge assets (internet backbone) which are not even priced into the stock now. And they will either be taken over or split up soon, unlocking value either way. Shorts starting to cover today. And new buyers too of course. Just looking for a modest 25% pop here.