Reminds me of the dotcom boom, plenty of ambitious communication companies went belly-up because their expectations exceeded reality. Murdoch & Packer lost a lot off money on Onetel. So are we declaring the crash potential over for the foreseeable future? The general public still hurting, none of this seems to have shown up in company revenue forecast, but i think it'll be on our doorstep in the second quarter of this year. The old saying "Stay away in May" might be a good time to go short in mid April.
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2,958.8 |
Change
17.070(0.58%) |
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