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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (15267)4/27/1999 9:44:00 PM
From: TraderGreg  Read Replies (1) | Respond to of 29382
 
Yes, their earnings are 40% lower than last year earnings...but their price is EIGHTY percent lower than last year's, so I respectfully submit that at six bucks we should be allowed to look forward.

TG



To: Sergio H who wrote (15267)4/27/1999 10:29:00 PM
From: RCJIII  Read Replies (2) | Respond to of 29382
 
To all Amigos, don't be fooled by the $6.50 buyout offer for ATEL today, more bids should be on the way. Did you guys read the news about MCI having to up its CWSS bid today by $4 due to other offers. The same should come with ATEL, that is why the stock ended the day at a significant premium to the take over price.

Keep your eyes open. WLGS should soon be in the same boat. Only a few companies hold the rights to the spectrum that the major long distance carriers are desperate to acquire.

A bidding war is in the works.

RCJIII