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

To: Cleo who wrote (3666)	1/1/1999 5:33:00 PM
From: Dale Baker	Read Replies (1) \| Respond to of 11568

WCOM tends to drift with the market. If it helps, I am a long-term holder but my stop is in at 66. I would be worried if it fell beneath there (then I would buy back lower). Otherwise it would be annoying but perfectly normal within the chart for WCOM to pull back a couple more points. Or the sun could come out on Monday and take it over 75. If you are here for the longer haul, don't sweat it too much. I first bought at 56 and 48 and saw it go to 43 before it went up to 40% over my average price. No complaints here.

To: Cleo who wrote (3666)	1/2/1999 7:35:00 AM
From: Robert Scott	Read Replies (1) \| Respond to of 11568

It's selling for just over 35X 1999 estimates and is expected to grow 30% a year for the next 3-5 years. Based on this, it appears reasonably valued. However, in this market, one could easily argue it is undervalued. Buy on the dips would be a good strategy for this one, slowly building a large holding. Not Buy and Hold - rather Buy and Buy.

To: Cleo who wrote (3666)	1/2/1999 5:30:00 PM
From: Jake0302	Read Replies (1) \| Respond to of 11568

Cleo... I too have a habit of buying near highs, but short term I think WCOM is headed up for several reasons 1. January bounce... new mutual fund managers deciding to buy for the new year... WCOM is underowned by institutions, according to Money 2. Internet mania shifting to real Internet stocks... WCOM makes 45% of the net, and has a PE of 35... great growth prospects 3. Bell/ ATI is not a done deal.... remember MCI (BT, etc, etc). If Bernie even makes it a fight, well, it might be interesting, and profitable for us... now we have a track record in merger big leagues just my .02$