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Technology Stocks : Winstar Comm. (WCII)

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To: bob glass who wrote (11545)9/28/1999 9:59:00 PM
From: Obewon  Read Replies (1) of 12468
 
Everyone should note that the volume of over 9M shares traded represents 66% of the entire float of 16 million shares out of a total of 54.3M shares outstanding. Institutions control 86% of the outstanding stock. Even taking the NASDAQ double-counting issue into account, this is a significant block of stock for sale in a market in which the telcomm issues are already headed down.

Obewon
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