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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Ibexx who wrote (75953)4/25/2001 4:46:43 PM
From: American Spirit  Read Replies (1) | Respond to of 99985
 
WCOM - that's like saying LU went up 40% from 5.5 to $9 so there's no upside. WCOM has been basing around 18-19 for a long time. It's low was a quick dip on a crash day when everyone was dumping irrationally. It was at $14 for about ten minutes. $15 was the real bottom where you could actually think about it before you bought.

Anyway, there is large locked-up value in WCOM and a nice upside though more modest than the potential of some small companies. I have to see these earnings. They of course will effect the movement now. Bullish WCOM. And today was encouraging.