Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: 16yearcycle who wrote (69478)	5/20/2002 2:43:05 PM
From: Trumptown	Respond to of 99280

Lotta if's, but it looks like a good play anyway! SR

To: 16yearcycle who wrote (69478)	5/20/2002 5:05:59 PM
From: H James Morris	Respond to of 99280

>>Wcom could well go to a 50-100 billion cap in several years if gets through the liquidity crisis, business improves, and we get an excited market again. At 2x current earnings, it might be worth a shot.(duh) << In your wildest dreams Gene. You can keep promoting your tech stocks , but that doesn't change the fact you've blown off millions on your "bubble" gains. If you still must buy tech...Buy Amat!

To: 16yearcycle who wrote (69478)	5/20/2002 5:47:30 PM
From: ajtj99	Respond to of 99280

Eugene, don't get too optimistic about Verizon Jr (what you call WCOM). I've seen stuff like this before. They are dead meat. It's only a matter of time. I will particularly enjoy their service when they become Verizon, as we could bundle our wireless and business services under them (currently have one for wireless and one for business services). They are in a death spiral. I encourage everyone to look at their balance sheet very closely, taking out all the goodwill and most of the equipment asset values. After doing that, see if there is anything left to pay common shareholders. I think not. This DCB may last another week or two for WCOM, but every DCB has been followed by brutal selling. Window undressing is coming in the end of June. A market cap of 100-billion Lira will even be a stretch for WCOM in a year, IMO.