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Technology Stocks : Winstar Comm. (WCII)

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To: giddy guru who wrote (2806)11/9/1997 10:21:00 PM
From: Harley Scott  Read Replies (1) of 12468
 
When this stock is tanking it seems there's no bottom. When it's rising we all think it's about to double again. Most of us think WCII is a good company and a good investment, but it's been pointed out many times that they're not even EBITDA positive. Can this stock still really be anything but volatile short-term?

The all-time high was during the post-Telecom Act euphoria.
The current 52-week high is during the Teligent IPO euphoria. When Teligent hits bad news or shows to be slow growing, do you think WinStar will be unscathed? They aren't so much competitors as they are bellweathers for each other's business plan viability. After all, they'd be stupid to wire all the same buildings.

I'm riding this one but also trying not to count my gains.
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