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To: DAY TRADER who wrote (5711)3/31/1999 4:11:00 PM
From: Wayne Rumball  Respond to of 13776
 
Close bid and ask not important, last sale important



To: DAY TRADER who wrote (5711)3/31/1999 4:27:00 PM
From: lightfoot  Read Replies (1) | Respond to of 13776
 
I've looked at the MCI & Sprint bond plays and CWSS, ATEL & PCTV look to be very good risk/reward. Sorry to say I didn't play them today, but I will be watching them for more strength tomorrow. What MCI, Sprint and a number of smaller players are really after is the last mile. So they can bypass the LATA carriers and not pay for the local access. Stay away from WIRL & HARTQ, they are both in bankruptcy and the common stock holders get NADA.

I have watched ATHM, and now I have two carriers into my home. The US West and the Cox@HOME, does anybody really want to pay them rent to use those lines if they can buy their own wireless system at a reasonable cost and provide all the same services. IE Interactive TV, Internet access, and phone service. There is a real change in infrastructure that is occuring right before my eyes. And I certainly look for MCI Worldcom and even a local favorite LVLT to participate in these changes. We have yet to see a confirming news release from any of the companies involved to determine a valuation for these wireless licenses. It will be interesting to see what kind of bidding war may erupt for these. We could see these companies double overnight on a substantial news release!

On a larger scale PAIR & FORE are looking good on a down day!