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Technology Stocks : 360Networks - TSX - TSIX -- Ignore unavailable to you. Want to Upgrade?

To: teevee who wrote (257)	5/23/2001 3:20:42 PM
From: Dexter Lives On	Read Replies (1) \| Respond to of 449

Its a rare opportunity. I take it you don't think they will have any trouble selling themselves out of this debt hole? This is far from a slam dunk, imo. I like the company and their relative position, but there are significant risks, even with the $300M in pocket. Will the sales be there? Will telecom budgets reaccelerate in the next 1-2 years? Will 360 be properly positioned when the capex spigot turns back on? etc. Might be worth a shot at this price, but as recent history in many of these stocks has shown, patience can be rewarded as well... Regards, Rob edit: it'd be nice to see a change in price trend here to justify some averaging down - given we're near all time lows, I presume everyone but deep insiders would be averaging 'down'