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extelecom

08/22/02 6:12 PM

#18616 RE: slopik #18601

Pierre, I gave up on it and haven't been watching it much. I have an avg. a little over $5. It may just be rising with the tide. I have some other sunk boats that are rising for no apparent reason other than the overall market is going up. Personally I think LWIN'S only hope is to be bought up for its Spectrum. I know it has a good business model..blah.. blah.. blah and Harvey is a great guy blah..blah..blah, but we are destined for consolidation by the carriers and prices will get lower as competition heats up. If mine were Green, I would be tempted to put a stop in and not risk taking a loss on it. My position is not substantial and I do not need any deductions this year (yet) so I will sit on mine at least until it looks like it is totally hopeless. I think I have finally learned to not get greedy.
Hope this helps...

FWIW
I feel so negative on Telecoms now that it is probably a good time to start accumulating some. I won't!

ET