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Technology Stocks : Winstar Comm. (WCII)

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To: SteveG who wrote (4900)4/2/1998 9:44:00 AM
From: Steven Bowen  Read Replies (2) of 12468
 
"And some closer and probably more to come. You talked me into it <g>.

Good luck to (and heaven help) us ALL."

Oh heaven help you if you're listening to me :-)

Seriously, I think anyone that's been here for a while (Paul, Ali, Gabor, Patrick, Brian, Ellis, etc) will tell you that Ric D has been right on top of this company for years. When he says buy, especially buying options, I'd tend to listen to him. I think the tone of his messages hint at him knowing something we don't. Even if not, buying WinStar on any type of weakness has obviously been a good strategy, and I see no reason to believe that doesn't still hold true.

One problem; if we're all trading options, whose going to drive the price of the stock up :-)?

Question; do you buy and hold options for that big 20 to 1 payoff, or do trade them after any pop? What's your strategy with calls?

PS I like your Jan 99 45 leaps. Looks like a sure fire winner at only around 8. Good luck.

PSS Do you understand the financing announced?
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