SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kingpin who wrote (4859)3/31/1998 6:45:00 PM
From: Richard Dunaven  Read Replies (3) of 12468
 
For the more aggressive types who want to increase their core holdings in WCII, I highly suggest buying some in the money calls and exercise at the appropriate level.

For example:

Today you buy a July 35 contract for approx 10. between now and then we get Q1 Metrics, Q1 #'s and Q2 metrics. Probably enough to propel the stock into the 50's. If the stock is 52.5 the value of the contract is at least 17.5 plus time value. At 17.5 you can exercise the the option on margin for it's value of 17.5 and own the stock at 35. If the stock stays here until July you only loose 2-3/share but the chances of that are slim to none.

I haven taken and even more aggressive approach and bought the April 35 or 40 with the intention of rolling forward and not paying as much time value until the stock reaches my break even point on margin. I have done this quite a bit since the stock was 12 to increase my core holdings. As long as the Co continues to meet it's goals the stock will continue to climb relative to the growth.

Fink: Re the Clec complaints to the Public Utilities:

Mandle will join right in when he gets the Co to the point of reselling the RBOC's service. This problem is inherent to all Clec's and he will do his best to stop it as well. If you say otherwise you are either kidding yourself, truly short the stock or just plain plain stupid. All of which may apply. I'm sure this comment will land me in the Muck but I've been in worse places before like owning some stupid stock like WCII at 3 wondering when it was going to breakout.

Happy Camping! At least I'll have a fire burning when I come out of the muck.

By the way thanks for the Barrons report. There is hope for you yet!!

Ric D.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext