Winstar Comm. (WCII) Message Board

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Technology Stocks : Winstar Comm. (WCII)

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To: DubM who wrote (3355)	1/11/1998 4:26:00 AM
From: Schmedley	Read Replies (1) of 12468

[I wouldn't mind one more big drop so as to try to pick up a little more at a good price.] I hear that! but you know this Grubman at SmithBarney appears to have a pretty good handle on things. Last May, he initiated coverage on ICGX (it was trading around $12 at the time) with a 12 month price target of $24 -looks like he was off a little in his timing-we still have 4 months to go and it's at $28! My guess is that his WCII estimate of $71 is a bit on the conservative side. Just watching the large block activity cross the tape on Friday makes me doubt that we'll be seeing another decent pullback. The cats' out of the bag! Schmedley

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