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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: nspolar who wrote (10631)4/11/2002 4:35:38 PM
From: c.hinton  Read Replies (1) | Respond to of 36161
 
wcom bonds dont seem to be doing well at all.in a month the have gone from8 to 12+ percent.



To: nspolar who wrote (10631)4/11/2002 4:53:33 PM
From: gold$10k  Read Replies (1) | Respond to of 36161
 
“Stocks are never to high to begin buying or too low to begin selling.” - Larry Livingstone (Jesse Livermore)



To: nspolar who wrote (10631)4/11/2002 6:23:57 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 36161
 
Hi nspolar,

I've been eyeing them too but have been more than a little reticent to commit funds at this point. I'm actually thinking of going the mutual fund route in this case or maybe a holder if one exists.

regards
Kastel



To: nspolar who wrote (10631)4/13/2002 2:16:37 PM
From: Square_Dealings  Read Replies (2) | Respond to of 36161
 
<Anyone watching the telecoms here? Any comments?>

They may be good for day trading but I would be very careful in these stocks. I thought Global Crossing was good at $6 and fortunately got stopped with a small loss It went to $ 0.25 and then 0

The industry is critical to the US but in the end the creditors (banks) will end up owning all the assets. There is too much debt for many of them to ever make any money. So we are going through a process of default.

Shareholders will get little if anything from the assets of companies like T, Q, and WCOM. The assets will be distributed in fire sales, and at that time they will be excellent investments.

M.

p.s. I read something like the CEO of Quest made around $200 Mln salary and bonus last year while the company lost its shirt and the stock tanked. Owning the stock is endorsing this nonsense imo.



To: nspolar who wrote (10631)4/13/2002 10:26:41 PM
From: t4texas  Respond to of 36161
 
i think you can do all right with awe. i can't say much good about awe technically right now, because it's still below 10,20,50,200 ema. seems to have bottomed on downside momentum though (unless new, much worse revenue/earnings announcements come). what i think will be interesting this summer for awe may be a new phone offering from mot that cingular will get first (in may, 2002 i believe) (i am not buying sbc and bls for a cingular play), but awe won't be far behind in getting. the mot v70 phone with gprs may help get new subscribers and Maybe increased revenues. at the top of the food chain i think we will see the wireless carriers get well before the wireline carriers get out of bed. the cingular link has pictures of the new mot phone, and the yahoo link is some fortune yack about the new mot phone that cingular gets first.

biz.yahoo.com

cingular.com