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Technology Stocks : AT&T -- Ignore unavailable to you. Want to Upgrade?


To: Jim Rokosh who wrote (1745)12/13/1998 11:49:00 AM
From: Lynn  Respond to of 4298
 
Does anyone know whose servers AT&T Worldnet uses? I am asking after reading an
article from the Associated Press posted to the CPQ thread last week. The article,
dated December 10, is titled:

Graphic-Laden Holiday Greetings
Clog Servers at AT&T WorldNet

The question posed by the person who made the posting on the CPQ thread is if this could mean more business for CPQ. Not knowing whose servers T uses right now, I'm hoping someone who follows T a lot closer than I do knows. No one on the CPQ thread seemed to know (when I asked) and the posting I made on the SUNW thread earlier this morning has not been responded to yet.

techstocks.com.

Lynn



To: Jim Rokosh who wrote (1745)12/13/1998 12:14:00 PM
From: ahhaha  Read Replies (2) | Respond to of 4298
 
I don't want to rain excessively on this parade, but a little caution is necessary. The move since 12/8 has not been supported in that there wasn't enough work done to warrant the price translation. Probabilities are high that the shares will consolidate and move sideways to down in coming months until the gap at 65 is closed.

This move is institutional knee jerk, short covering caused by brokerage upgrade, unjustified great expectations for various mergers' approval, and old news. The purchase of IBM's data network is months old. Even though there is a rising outcry against cable unbundling, do not underestimate the power of fairness to destroy. At the top of the market you get extraordinary price moves caused by short seller fear of infinite prices abetted by fear of brokerage house power to influence mindless buying. Institutions often buy at a top because the shares have risen and are perceived then to be less risky. None of this is solid justification for the move, so the move must be corrected.

The best proof though that the move is essentially over is the explosion of price discussions on this thread. When it is time to buy again or to add to existing positions, there won't be any such thing and many of you will be considering selling. This will be caused by market sentiment as the markets hit the skids in early '99 and by T's positive stock sentiment turning sour as the forces of evil interfere with the company's attempt to realize the world vision.