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


To: Venkie who wrote (966)5/9/1999 10:04:00 PM
From: Boplicity  Read Replies (2) | Respond to of 1412
 
AOL, it's all about broadband, they tried to address it on Friday, the market was not impressed. I'm faced with maybe having to selling three of my top gainers, DELL from last year, and QCOM, and AOL from this year. I was not expecting to sell any of them this year.

I was telling everyone that would listen at the beginning of last year that T was reinventing itself. I was real surprised T dropped as much as it did, but it has come right back fast. The key word here is fast. T's chart looks like poo on a stick, I rather it look like a stroll up a mountain. If you do invest do not expect glory over night and do not invest all you want at once. Watch how the market reacts to the ton of debt they are taking on, and the amount of time it will take for pay-off on their cable strategy. It's going to take billions and 2 to 3 years, maybe longer, before the big
payday. I bet most investors do not understand the technical, monitory, and regulatory (state and federal) hurdles and hoops T has to over come and jump through to make it all happen.

I have been searching for other plays to replace what I might sell, SPYG is all I have come up with for now.

Greg