Ted,
Thanks for the note.ÿ I have re-purchased MCIC shares over the last month.ÿ The Asian scare had me wondering if I had made the correct decision to sell MCIC on DEC 9th, and go with PNOPX. So, on JAN 1st, I sold all of the PNOPX (after taking the yearly dividend) and made a move back to MCIC at a slightly lower price than what I sold it for.ÿ The net result of the sell to PNOPX and then back to MCIC was only slight gain until about 3 weeks ago.ÿ Now it seems that everyone is looking for security from Asian related techstocks - it appears that telecom stocks are not as vulnerable, at least in the short term, as they are.ÿ Regardless - the overall maneuvers have left my 401K a little fatter than I expected!ÿ I'm hoping that MCIC can hold the ground it's gained by virtue of the merger with WCOM and the future merger price.
What are your thoughts on it?
Mark |
