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


To: P.M.Freedman who wrote (4416)5/5/1999 7:56:00 PM
From: Angela Mango  Read Replies (2) | Respond to of 11568
 
So which company will WCOM looks for next?



To: P.M.Freedman who wrote (4416)5/6/1999 8:24:00 PM
From: limtex  Read Replies (2) | Respond to of 11568
 
PMF -

Looks to me like it came very close to a deal. The stock tanks again today even without a deal. The market is going to take a bit of a dive this month. Sort of a bit like February this year and August last year. Yuo ahve a good month/ four weeks when the earnings get announced and then whack as soon as the earnings season tails off down it dives. There's always some story this time its the jobs report this Friday.

Interest rates might go up as well by over 1/4 percent. Wow. That should amke everyone stop investing in succesfully growing companies on the Naz and sit there and get a whole whopping 6%! Mr G might really decide to whack the market by upping the rate even higher to a massive 6.5%. He should really bbe thinking about this because of the massive inflation that is upon us and worse to come. Inflation might even hit 2.5%. Goodness the overcapacity in the World economy seems to have evaporated in about three days!! Inflation is back everyone and the long bond is a grea investment and if you live to 165 years old it would give you enough to buy a packet of cornflakes once a month.

And of course it goes without saying that after the earnings that WCOM just announced in view of the terrible damage that WCOM is about to suffer form all this incipient inflation that it should drop $5 today. Makes a lot of sense.

Best regards,

L