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Technology Stocks : Winstar Comm. (WCII)

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To: MangoBoy who wrote (10366)2/19/1999 11:02:00 AM
From: Steven Bowen  Read Replies (3) of 12468
 
Expanding on someone elses thought, look at these performances from their most recent highs (last month to month and a half) to yesterday's close;

WCII down 26%
TGNT down 22%
NXLK down 26%
MCLD down 18%
ARTT down 27%
ICGX down 32%
GSTX down 25%

Can everyone spell r-o-t-a-t-i-o-n?

Seems to me that Silicon Warrior nailed this almost perfect again. I remember very early in this downdraft he brought this up. Don't remember the post, but it was a good call. We have to get better at recognizing this crap (or acting on it). We get lulled to sleep with the big advances, and then bang, we're down 25%. We think we're so smart knowing when good news is coming, thinking we can out guess the market. We're wrong almost every time. Sorry, just lecturing myself outloud.

Steve, do you this this William Garrahan guy? BTW, welcome back, hope you got your batteries recharged.

Paul, I thought one of the nice things moving to the RB site was leaving all those dang Yahoo bugs behind. I haven't been able to use or post at the RB hardly since we went there. I see the message that they're having problems. Hopefully this hasn't been normal.
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