Winstar Comm. (WCII) Message Board

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Technology Stocks : Winstar Comm. (WCII)

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To: SteveG who wrote (3467)	1/16/1998 2:31:00 PM
From: Steven Bowen	Read Replies (4) of 12468

<Well, I'm in print: "...But I'm guessing a week close around 33...."> So was I: (remember though, this was from about 7 trading days ago when we were at 25 3/4 . How many here thought I was crazy? Raise your hands :-) ) " I think this stock is ready to pop. Good call on the chart. A lot of similarity to the chart as we made our final assalt on 19 in Sept. And remember what happened then. Good call volume today, no puts. The tone is right, the volume is right, and it just feels right. We just need the catilyst. Might just be a prerelease of the 4Q numbers. May be a Vogel report. Maybe more merger rumors. Hopefully all three. Still think a short term move to the mid 30's is possible." Problem is now, that's about it for me. 4Q numbers are out and we got the Vogel report. What's left? Do we have any more short term powder left? I'm tending to agree with Patrick, we're looking pretty fully valued for the short term. Getting pretty over bought also. AT&T's big conference is Jan 26 I believe. Is this the next big chance for a move? If WinStar is not in their plans at all, what's our downside here, if any? Volume is down in WinStar and across the board in the CLEC's today. Are the funds loosing interest already? Anybody have any ideas what we look forward to now? Or do we start a trading range base here? Maybe a good time now to write those covered calls now?

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