Winstar Comm. (WCII) Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: George Mc Geary who wrote (3416)	1/14/1998 6:10:00 PM
From: Richard Dunaven	Read Replies (1) of 12468

Technically the stock broke above a triple top at 29 5/8 then broke the all time high of 32 5/8. There is a 75% chance the stock moves atleast 25% higher than the triple top to the 37 range. There was no real gap to 33.75 as it was moved up slowly and little stock overhead. My guess is we move to the 36-37 range in the next few weeks. This is the last real Teir 1 CLEC left on the market and the street knows it. Look at all the other CLECs. They don't have the volume or the price movement. Good #'s at the next earnings report and possibly more aquisitions as described by Bill R in the last conference call could send the stock much higher not to mention the backing now of Rec's ranging from 60 - 100. All this should translate into a nice move going forward whether you are a long or short term holder of this stock. Hope Your day was as good as mine!!!! P.S. I don't think I'd be holding those Jan 30's too much longer. Option expiration usually brings a little pressure to stocks and then the following week they get stronger. This stock does look very strong right now and after today we may see add'l Rec's which should make for a good next week. Roll forward on a pull back if there is one. See Ya!! Ric D.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next