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Technology Stocks : Winstar Comm. (WCII)

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To: TATRADER who wrote (1497)9/22/1997 11:58:00 PM
From: Steven Bowen   of 12468
 
Mark, can I ask you a question over here so I don't mess up Lizard's thread with education?

Would you call WinStar's chart from beginning of July to now one of your "rectangle" charts between 15 and 18 1/4. Or do you use intraday highs to get 15 to 19? Or is there another rectangle, ie 16 1/2 to 19? If we break out Tuesday, I believe I would calculate your short term target something like (18 1/4 - 15) x 1.62 + 18 1/4 = 23 1/2, is this correct?

I noticed both Robet and Lizard bought today but we can't even make your watch list. Something you don't like or just an over sight?

Any help appreciated,
Steve
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