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Technology Stocks : Winstar Comm. (WCII)

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To: DubM who wrote (2622)10/27/1997 11:30:00 PM
From: IMATR8R2  Read Replies (1) of 12468
 
On a percentage basis WCII really took it on the chin, 2X more than the rest of the market. With news announcements Friday in Texas, and today in N.Y., I do not believe we will go {much} lower, regardless of further market adjustments. We must keep in mind that the 15%+ we lost today are gains experienced just in the last 3 weeks or so since the WCOM/MCI and other telecom deals.
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