InvestorsHub Logo
Followers 5
Posts 1090
Boards Moderated 0
Alias Born 02/15/2005

Re: pitbull74 post# 16789

Monday, 03/06/2006 10:22:28 AM

Monday, March 06, 2006 10:22:28 AM

Post# of 44374
It was over 3.4 in PM,
Usually a good indication of where it might go.

3.5 is obviously going to be harder.Its tried and signs for a close over or near are good.

IMO all eyes again on the Russian downpayment of course, not least because its also a real credibility test for GTE.

But this has obscured (IMO) what is going on with Telecoms sector this week.
Besides AT&T bid T/O

Verizon and all fibre optics are in focus.

I am at a loss to understand why the market is throwing big bucks at the old T comms. and their overburdening infrastructure/overhead costs when the future is so obviously WIFI/VOIP/WIMAX.

Have a good week all, GTE will be tested increasingly into the week - in fact until the deposit lives or dies.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.