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


To: hotlinktuna who wrote (87540)6/27/2002 3:19:18 PM
From: t2  Read Replies (1) | Respond to of 99280
 
Looks like they want out of cable and regional bell stocks.
There is the odd one green today.

Think it started with that Warren Buffet interview on CNBC when he indicated that he is not impressed by EBITA earnings.

...and the stocks really picked up steam on the downside after the rating agencies got into the act...and then finally WCOM yesterday.

Just wonder how low they go.

btw--wireless broadband will probably get both the bells and cable.....maybe mutual funds are reacting to this coming competition and bailing out now....the last thing any highly indebted company needs is competition. Wireless internet is still in its infancy.