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Technology Stocks : Winstar Comm. (WCII)

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To: limtex who wrote (12279)1/2/2001 9:04:02 PM
From: Bernard Levy  Read Replies (1) of 12468
 
Hi limtex:

Looking at the Island book, I saw that the bid and
ask are at $8+ and $16+, respectively. Earlier the bid
was at $2. This must create a hell of a shock to folks
on margin. I own several illiquid issues like VSAT
for which this is standard operating procedure,
but it's amazing to see it happening to WCII.
Greenspan has really gone from hero to bum in
just a few months. Unless something happens fast,
he will soon be remembered as the Pol Pot of finance.

Well, it's only money. Happy new year, anyway.

Bernard Levy
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