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American Tower Corporation Message Board

  • eman72758 eman72758 Sep 3, 2002 4:21 PM Flag

    They tried to keep AMT down, look where

    we are now.
    Talk about a head fake.
    I'm still holding long, thiere not geting my shares.
    Say, how about that CCI?
    I'm long there to.
    LOL, Eman.

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    • Yes...Legg Mason are looking pretty lame.
      The washout in these stocks looks like just about any group that reaches the point of "Maximum Pessimism" as John Templeton would say. Reminds me a lot of AMC Entertainment in the fall of 2000 when it seemed like everyone in the movie theatre business was going bankrupt. It cratered at $1 also in the fall of 2000. Where was it less than nine months later? about $15. Remember...the pendulum can swing the other way and the insiders in all the surviving tower companies are Buyers of their stock.

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