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Technology Stocks : Winstar Comm. (WCII)

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To: Jason Cogan who wrote (8261)9/16/1998 3:15:00 PM
From: TheSlowLane   of 12468
 
A couple of points - today's price, while down significantly from July, is still above my average cost/share. I can't speak for everyone on the thread, but I tend to doubt that anyone here has 100% of their net worth tied up in any one stock. I invested in this company before they had any switches, before they had any interconnect agreements, before they had any CLEC certifications, before they had any telecom customers. It wasn't all that long ago. At the time, I expected it to be a 3-5 year investment and was prepared to hold through the volatility that would come with the territory. From the beginning, this company has stated clearly what their plan is and day in and day out, have executed on it. Why don't you come back in 18 months and if my shares are down 50% from where I purchased them, I'll be happy to eat my words and declare you King of Wall Street. Since you obviously think WCII is headed down from here ("the thread could continue to listen to your ramblings and watch their bank accounts grow smaller"), why don't you put your money where you mouth is and short it. We'll be happy to squeeze you later.
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