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To: 200ma who wrote (150077)2/8/2002 11:25:04 AM
From: 200ma  Respond to of 436258
 
Heinz, what got you interested in MCIT besides the fact that Merrill downgraded it :) In the press release the dividend will be at least 60 cents this year, I like Telecom in general, added some shares in MCIT today, had already bought some PCS FON WCOM and NXTL yesterday, this sector had some bad players like GLobal Crossing and QWEST but the revenues are just too big for the sector not to toughen it out and rebound, reminds me of the oil drillers a few years back, quicker V shape rebound when people realized that gas and oil is always needed-glut followed by "shortages", we will pay because we need it, telecom is the same way in my opinion, glut now but if/when the prices get bumped we will pay, whether it be for local, cellular, or long distance..it all adds up



To: 200ma who wrote (150077)2/8/2002 1:16:23 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
i bought WCOM too in the a/h yesterday. the big concern was that it might bite the dust, and that has been laid to rest for now. also, the CEO will apparently not be forced to sell his shares, so a snap-back rally seems likely.


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