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Technology Stocks : Winstar Comm. (WCII)

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To: silicon warrior who wrote (4863)3/31/1998 7:39:00 PM
From: pkwknk  Read Replies (3) of 12468
 
...today was an example of a good excuse for profit taking....no one takes the Lehman guy very seriously....as far as the TA here, it remains terrific...any dip here is a buying opportunity, anthough I disagree a bit (maybe philosophically) with deep in the money calls within a few months...too little put protection..feel your leverage is adequate, and you time premium in worth it to buy 40 or 45 jan 2000 calls...as far as artt--hard to say, but with the present warchests acquisitions are a definite....will know soon what the venture guys were up to and what their plans are post auction--they are talking up a " now we paid less, so we have to reevaluate our plans, maybe become operational"...strongly doubt--believe its just an attempt to bid up their licenses and say sayonara...
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