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Technology Stocks : Winstar Comm. (WCII)

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To: ziad daoudi who wrote (9083)11/4/1998 8:57:00 AM
From: limtex  Read Replies (1) of 12468
 
Ziad -

Nice to hear from you again.

As far as the stock price goes I came to the conclusion about a month ago and posted that I don't think we can expect any real upward move in strngth until the back end of next year.

Thinking about it logically all these fund managers are just not into 'story' stocks in a bear market. Now it looks like we're not in a bear market any more with the slow realzation that Japan is very slowly moving almost imperceptibly but definately. But all the kids that are running the funds and the 'economists' of the big houses had never seen real bear market before and got really scared and some even found themselves without a job. So now they have gone the other way, overcautious, and can't see the rebound that is happening.

My guess is that they will miss it. These guys are not very bright if you really turned the spolight onto their decisions my guess is that you would find most of them got their results over 90% due to th market momentum rather than their incisive skills in investing.

Anyway I think we will just have to wait until Q3 next year to see the real action unless someone makes a play for the company.

Regards,
L
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