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Technology Stocks : Nuevo Grupo Iusacell (CEL) -- Ignore unavailable to you. Want to Upgrade?


To: Rob Preuss who wrote (153)5/14/2002 12:05:04 PM
From: Dennis Roth  Read Replies (6) | Respond to of 206
 
IMHO, it will take more than a year to reach $5. For your $9 break even you will need a triple from here. That's asking a lot for a company that virtually unknown and unfollowed and with telecom out of favor. I prefer to take my losses and move on.

Best of luck to you, Dennis

Postscript: Since they only shares I have left are the ones I picked up for $2.35 in the rights offering, I won't be taking a loss on them. I've already taken my loss on shares I had bought earlier.