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American Tower Corporation Message Board

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  • slim_niceguy slim_niceguy Sep 3, 2002 10:37 PM Flag

    They tried to keep AMT down, look where

    Yes...Legg Mason et.al 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?....how 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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