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


To: John F. Dowd who wrote (3403)10/21/1998 10:05:00 PM
From: Anthony Wong  Read Replies (2) | Respond to of 11568
 
John, WCOM is targeting the multinational busines market, more lucrative, better margins. All their recent announcements point this way. I'm not techno-savvy enough to provide any insight on their present competitive edge, but everyone on the Street seems to like their business direction and almost every big-cap mutual fund owns WCOM (possibly a contrary indicator <ggg>). One thing I like about WCOM: minimum Asian exposure (and lots of room to grow in Asia, because that region is going to recover).

Jack B. Grubman of Salomon Smith Barney is a big bull, sees $100 in 18-24 months. Every time WCOM dips below $41, I bought a bit more (just 30-50 shares).

BTW, WCOM reports on Oct. 29, before market opens.