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Technology Stocks : Winstar Comm. (WCII)
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To: TheSlowLane who wrote (7547)8/7/1998 4:55:00 AM
From: Robert Scott   of 12468
 
I agree it sounded good and I think the long term prospects are bright but in the near term, I view the fact that it sold off during the day to settle at closing on Wed does not bode well especially in light of the steep drop over the last month or so and the strong Nasdaq rally yesterday. Perhaps the drop from here is just a few points. However, it certainly looks oversold.
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