SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Winstar Comm. (WCII)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Schmedley who wrote (2861)11/15/1997 12:30:00 AM
From: SteveG  Read Replies (1) of 12468
 
<If so, perhaps it is a more intelligent investment than WCII -they have managed to lose -6.75 per share in the last 12 months alone! >

Let's be clear here Schmed - this loss is NOT from R&D costs combined with a distinct lack of revenue streams (unlike companies in OTHER threads), but from capital and deployment outlays of an income producing and inarguably valuable wireless CLEC business.

<Kinda makes you wonder what qualifies as HYPE and what qualifies as HOOPLA.>

I don't hype ANY stock, Schmed. Risk abounds.

But I does my research and I makes my picks.

Even such, I am a trader first and investor second. I maintain [USUALLY :( ] a sell discipline to limit losses. I don't get married to stocks, though if I feel a stock is desrving, I may give it more downside room to a limit. I took profits on 1/2 of my WCII as it failed to hold 28. The other I rode down, as was prepared to bail the balance a bit below my purchase price - more on general market and technical concerns than on WCII fundamentals. I remain cautious, but in hindsight would have liked to pick up more on the way up recently. I think the story is real, but caution everyone to do their homework. I don't have time (or interest) in presenting all of my rationale at this time.

<I think I'll exercise a little patience THIS TIME until real earnings are within the visible spectrum- lest some well informed voice of reason scares me out of my stock just as I should be getting in. Perhaps this is not the time to jump aboard an already crowded ship.>

I commend you for your discipline and conservatism on a stock whose story you may not know that well, and wish you great success in those you do (and even in those you do not).

Steve
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext