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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Box-By-The-Riviera™ who wrote (6212)7/23/2001 10:57:48 PM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
Hi Joel, You are right. Like I often say, never be in a hurry to lose money, and the path of least resistance is often mined :0)

At some point, when the firings are done (C&W internally cleansed), with an already clean balance sheet, and a world of cheap ready infrastructure to bargain for, C&W will be a buy. Simply not yet. The equity dunking awaiting us will spare no one, not even companies with high cash and no debt.

Chugs, Jay