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

To: JOHN A. who wrote (10460)	6/4/2002 12:21:30 PM
From: BEEF JERKEY	Respond to of 11568

I'm thinking the same thing. From what I remember about the CC's the loan should be ready soon. Sidgmore stated that talks with the main banks, C and JPM, were pretty much already done. An announcement prior to the shareholder meeting would be just about right. Trouble with my situation is that to buy more WCOM right now would mean I'd have to sell some of my golds. If gold breaks $330 it could go parabolic on the upside with so many hedged and short positions. Oh well, I like both positions right now, lots of upside on both! Edit: I see Q and T still holding in there way above WCOM. Either WCOM rises or they fall. WCOM and Q shouldn't be so far apart in value. IMO

To: JOHN A. who wrote (10460)	6/4/2002 5:51:01 PM
From: Thomas Walker	Respond to of 11568

I think that we need two things for WCOM to have a sustained recovery. First, the credit line announcement. This should give us some boost, but I'm not sure how much ($2-$2.50 is my wild guess). Then, Q2 numbers with good cash flow, such as would be expected with the prior predictions and the cut in capex. At that point, WCOM may get some new believers. More importantly, if they don't do both of them, I'd guess we'd be under $1 (unless WCOM comes very close to predictions on cash flow).