Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Robert Scott who wrote (3670)	1/2/1999 11:08:00 AM
From: jim black	Read Replies (2) \| Respond to of 11568

Well, Well, our beloved old Worldcom may just have stumbled. I've been long since an entry price of $26. But now I'm just sick. I'm also long Airtouch since aboutt $22. Have just spent hours over the weekend researching possible cellular assets. Aint' none! Bernie said he wanted one that is making money, exit NXTL,PCS(which Sprint wouldn't sell him anyway), and WCII is not compliant with current cellular systems. WCOM is not going to buy European Vodaphone because they do not have a US presence. Seems we just lost out to the AT&T. I suspect C. Michael Armstrong has just won the war. One possible thought is the purchase of Loral with its 40+% ownership of Globalstar so we could own the pipe in the sky that Airtouch has(I believe about 6% ownership of). Thought over on the Loral board and in Valueline is that Loral is building a cash cow when it finally gets going. For me that's a bit of a disappointment too since I was hoping to ride Loral to about $100/ share. SH*T!! Maybe just better to buy beaten down energy stocks. (We sometime forget the basic rule: buy low, sell high. Best of luck to everyone in all this chaos. Jim Black