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Technology Stocks : WCOM -- Ignore unavailable to you. Want to Upgrade?

To: telecomguy who wrote (10220)5/16/2002 5:33:41 PM
From: KyrosL  Read Replies (1) | Respond to of 11568
 
telecomguy, I agree with you that if you are an investor and want a position in telecom/internet, CWP is the one to buy -- it has enough cash to survive any conceivable scenario. But if you are a trader/speculator, WCOM and MCIT at these levels offer a great reward to risk ratio for the next year or so.

I think that WCOM's survival chances are slightly better than 50 50. If survival becomes apparent in the next couple of months, the stock will more than triple from these levels.

Kyros



To: telecomguy who wrote (10220)5/16/2002 6:16:50 PM
From: Oeconomicus  Read Replies (1) | Respond to of 11568
 
Perhaps the Y-Y comparisons are unfair, but...

C&W's shares were down 13 pence, or 6.4%, at 193 pence apiece in afternoon trading in London .

At the height of the telecom boom in early 2000, C&W shares traded at more than 15 pounds. Since then, C&W Global has been the trigger for three profit warnings, and rising concerns about the unit have driven a fall of more than 30% in the shares this year.

Nobody's unscathed.


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