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Technology Stocks : Winstar Comm. (WCII)

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To: Jason Cogan who wrote (7906)8/25/1998 6:09:00 PM
From: bob glass   of 12468
 
Jason,

Part of what we have been seeing is a combination of the rumor-instigated jump along with the overall lousy market. When the rest of the market as a whole is in the dumpsters, it makes sense that the rumor-speculators will bail in force.

On the other hand, one must wonder why all the rumor speculation. I certainly would not want to be short if there is either another rumor-induced rally or a real announcement of some kind of with respect to some kind of partnering agreement (I doubt we'll see an outright acquisition).

Later, BG
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