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Technology Stocks : Winstar Comm. (WCII)

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To: Steven Bowen who wrote (4858)3/31/1998 6:04:00 PM
From: Kingpin  Read Replies (3) of 12468
 
I used to work at Lehman. The word from the folks I still keep in touch with is that their telecom guys do not garner much respect on the street. If this was the sole reason for the selloff, it has created a great buying op. I got long ICIX again from 76.25. Unfortunately, I panicked and sold 20% of my WCII position at 41.75. Was that the absolute low of the day?

Ugh.
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