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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Watcher who wrote (7774)	5/1/1999 10:12:00 AM
From: Matt Brown	Respond to of 52051

Ok! Holler at me with questions on GOCA! FM

To: Stock Watcher who wrote (7774)	5/2/1999 3:32:00 PM
From: RCJIII	Read Replies (1) \| Respond to of 52051

SW and all, ATEL is THE play for the week, The bidding war is underway and should produce some substantially higher bids this week. Consider the risk/reward- Sprint has offered $6.50, that is now ultimate downside. Current price is $7.43. Less than a dollar of downside risk exists. Now consider that both PCTV and CWSS have recieved higher bids since the original offers were made. I am hearing that the Sprint bid for ATEL was way too low and that we will see much higher offers. Small downside, huge upside, I continue to load up on ATEL and I was buying at $1.50. RCJIII