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Technology Stocks : Teligent
TGNT 0.0380-2.6%Nov 7 9:30 AM EST

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To: Mike Bruns who wrote (39)11/25/1997 9:44:00 AM
From: TheSlowLane   of 270
 
Mike, the biggest mistakes that many investors make are due to impatience. I got into WinStar for what the value of the stock would be 3-5 years from my purchase date, not to jump in and out on every fluctuation. Nobody on the WCII thread wants management to sell the company for $60, why would we settle for $30 unless we thought that the stock was now fairly valued. There is still a lot of potential left, and the horizon in which it may be realized is moving in. WinStar doesn't even have positive earnings yet, this is definitely NOT the time to get out. Yes, the potential for Teligent is wide open, but guess what, it's also a long way off. Do you know how long it takes to install a 5ESS switch or negotiate roof rights? Check it out, building an infrastructure is not trivial.
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