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To: Jenne who wrote (9337)5/9/1999 10:52:00 PM
From: Educator  Respond to of 29970
 
"What do you think of T at 60?"

Jenne- I liked it better at $50.:0) We know there is a good chance that T will become the largest cable company following regulatory hurdles. Many speculate cable to be the avenue of the future, and T has one of the best seats in the house. As the NY Times pointed out, you have an Internet-related stock with blue chip status. I like that combination. I don't see a lot of downside risk. That is why my uncle bought it. More restful nights than with AOL and ATHM.

Just so you are clear about the person making this recommendation...I bought WDC at $33 thinking it couldn't go any lower after a 52 week high of $52. I bailed out at $16 and watched it go to $7. I know the Asian crisis didn't help this stock any. The truth is, I have many more of the same scenario in my portfolio. Fortunately, my winners outnumbered my losers. I guess that is all that counts.:0)

Good luck to you.

Ed