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Technology Stocks : Winstar Comm. (WCII)

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To: Elliot W who wrote (4047)2/26/1998 7:26:00 PM
From: Kingpin  Read Replies (2) of 12468
 
Steven, I would look at the chart of ICGX before committing to selling MCLD as soon as it reaches $40. ICGX has a very, very similar pattern. Today it broke through and closed at a new high. MCLD has actually been basing since October. There could be a large overdue breakout on the way. Anyway, check the ICGX chart I have a feeling that might tell you what to do with MCLD.

Thanks for the tip the other day.

Unfortunately, I did not get any of the MCLD Mar 30 Calls. I chickened out. Didn't want to chase it. Oh well.

I am happy with my ICIX trade though. Just wish I had bought a little more. I think all of these stocks are going considerably higher in the near future. Telecom is the only game in town right now. I hope you are making money as it does not get any easier ( or scarier) than this.

Ask Dub for the Teligent/Winstar comparative valuation model I e-mailed him today. It is very interesting and it comes from one of the analysts (guess who?) that I have mentioned quite a bit.

KP
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