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Technology Stocks : Able Telecom (ABTE) -- Ignore unavailable to you. Want to Upgrade?


To: MaryinRed who wrote (557)2/24/1999 11:26:00 PM
From: Swami  Read Replies (1) | Respond to of 700
 
Mary, I'm short ABTEE. WCOM gets the preferred shares and the change in terms can only favor the preferreds to the detriment of the common shares. That's the way I (want to) see it.
But admittedly I'm just groping at this point--don't have the background on the stock--haven't waded throught the whole 10K--to do a serious analysis.
All the best,
SWAMI