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


To: paul t who wrote (4291)4/29/1999 1:34:00 PM
From: limtex  Respond to of 11568
 


NXTL can't keep us down!

No but it will knock the stock into the low $70's or lower if they persist with this acquisition. The market clearly doesn't like any of it and wants out. Thats what it is saying It's an acquisition too far.

For atock to tank $4 on a day after announcing results like WCOM just did is simply staggering. Still I guess Bernie knows what he's doing and there isn't much point in the stock price being up right now since it would be fighting the tide. So maybe as the Naz drops for to who knows, lets say 1,900 over the next few months WCOM drops to ? lets say $65 th deals all get done much cheaper and maybe if nothing goes wrong the market return to its current levels around Spring next year.

Regards,

L