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Technology Stocks : Winstar Comm. (WCII)

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To: George Mc Geary who wrote (2781)11/7/1997 6:32:00 PM
From: pkwknk  Read Replies (1) of 12468
 
... a few points.....Vogel has been pounding the table for 45 on fundamentals, 60+ on take out..today just reaffirmed this, but look which target he choose to use...Teligent IPO within next few weeks adds bigtime credibility/visibility, just as our boy Bill predicted on conf call....within the last few weeks, I believe I posted about a powerful TA pattern developing (ascending triangle) within context of more shorts...OBV has been leading the charge..now you have broken out to upside on 3x normal volume, closed near the high on a day the mkt got creamed...and their remains more sell side powder...certainly my humble sh to interm tgt remains low to mid 30's.. IMHO selling calls here has more risk of leaving a lot on the table than at any time I can remember, but lets face it this mkt has plenty of risk ...PS wonder where Craig Sultan and Jeff Sclesinger are now--they were the early sell side guys at the small firms that saw the vision a long time age..Ken Leon who is still around and visible on the stock was also very early..hats off to their foresight...
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