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Net2Phone, Inc. (NTOP) Message Board

  • la_cossack la_cossack Dec 21, 2000 9:39 AM Flag

    Dimitri

    Are you looking at picking up any of the large caps right now? I know everybody hates telecom, but LU at 13 and change is starting to interest me. Any thoughts?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • thx for asking but I can't tell you more than you
      can read elsewhere.

      Several brightly managed
      tech caps are at their cheapest valuation level in
      years, while even cheaper levels might still be around
      the corner. If you're looking for long term buys you
      surely should start wetting your feet and compose a
      basket of stuff you like and add over time...

      LU
      is not only a telco but also a mgmt issue and
      turnaround story. It will probably get resolved one day, but
      it might see single digits before all bad news is
      purged out and long term recovery starts. I wouldn't bet
      the farm on it yet but keep room for buying or not
      buying more later on.

      dimitri

 

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