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Technology Stocks : Winstar Comm. (WCII)

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To: DubM who wrote (12064)9/7/2000 7:31:33 PM
From: silicon warrior  Read Replies (1) of 12468
 
I think it's nonsense to blame today on the Barron's article--that was yesterday's news. This is negative mo--the chart looks like WCII goes bankrupt by November. I suspect the shorts are loving this trade--and they'll make more off it in a few days than any investor can make off it in years. I knew I shoulda sold when they announced earnings--demonstrating disregard for EBITDA position. I believe these guys really don't care about their share price short or medium term. Meanwhile, any investor is totally burned.

Anyone think we see the teens or single digits again??
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