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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: HandsOn who wrote (99)12/21/2001 12:16:49 PM
From: Dave Gore  Read Replies (2) | Respond to of 16631
 
Thanks, and regarding WCOM--- sector is in the news today. I bought WCOM for my long term acct awhile back a bit cheaper. Not exciting yet, but things should start improving for the quality players as the little guys fall. Plus its BOOK VALUE is over $18/sh....amazing huh?

"WorldCom ($15; Nasdaq: WCOM chart, msgs) is experiencing a "stealth" rally of sorts, as the stock is near a five-month high. The stock's bounce has been obscured, however, by the bounty of bad news that continues to come out in the telecom sector. As more and more players fall by the wayside -- the latest telecom to join the list of endangered species is Global Crossing, whose shares now trade for under $1 per share -- the survivors should be in better shape."

PLUS THIS:
cbs.marketwatch.com