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Strategies & Market Trends : Cable and Wireless (CWP) -- Ignore unavailable to you. Want to Upgrade?

To: Ken Sammut who wrote (7)4/7/1998 11:48:00 PM
From: zebraspot  Read Replies (1) | Respond to of 162
 
Bought at $23 sold at $38. Did I get out too soon?

Seems like this thing has already realized its near term value/goal(Gabelli said mid-30's, right?). Better upside elsewhere, but I'll miss it.

Go buy LOR!



To: Ken Sammut who wrote (7)4/8/1998 5:16:00 PM
From: Timir  Read Replies (1) | Respond to of 162
 
Well...talks linking them and Sprint/Global One were pretty widely acknowledged until the last report had their talks falling apart. Sure they are gearing up for some action. That's why I think this stock is worth a stab. CWP could use a high PE to get into an LBO a la WCOM. A little bit of cash does not hurt.

Timir.


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