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Technology Stocks : Winstar Comm. (WCII)

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To: Jay Gatsby who wrote (8000)8/29/1998 8:50:00 PM
From: Alejandro   of 12468
 
Hello Jay:
Glad to see you responding here. I also don't think it is the end of the world. I think it is an overdue correction. There are those who prescribe --pardon the crudeness-- an enema every once in a while. Well, it's here. What happens in a correction is that most people see it as a weakness in THEIR stocks rather than the normal movement of the market. Also, if you have a supposed weak performer --negative earnings-- like WCII, the movement downward is swift.

You are correct that the fundamentals will carry through. As far as other exposure, I am deep in QWST also. I didn't choose it actually. It came to me through USLD, then LCI. I like both QWST and WCII although I have much less net worth this week than last week.

My opinion ?? Everything will bounce back. Which to buy after this is over ?? WCII QWST AIG. I'm afraid of AOL. Can't understand it, so I stick my head in the sand and ignore it. Same with YAhoo and Amazon. WCOM is OK. I'm not sure about FON. I guess I'm not sure about a lot of things. What do you think of ARTT ??? I think it is a useless investment that WCII thinks is a great investment. I believe in the WCII evaluation of ARTT only because they know the business and I don't..

ac

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