Winstar Comm. (WCII) Message Board

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Technology Stocks : Winstar Comm. (WCII)

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To: gabor boda who wrote (5350)	4/21/1998 7:02:00 PM
From: Richard Dunaven	Read Replies (3) of 12468

The stock is starting to form a bottom based on price and volume movement. The stock is caught up in the sector sell off which rarely differentiates between stocks. A good sign today was the movement back up from 36.25 to 37.5 on little volume. This is telling you that a bottom is forming. Based on the chart there is good support in the 36.5 to 37.5 range. It needs a few more days to tell this but it appears to be starting to form the bottom. Fundamentals have never been better. WCII has the ability to grow much faster than any other CLEC right now. The street will be looking for this in the release on 5/12. If they prove out then the stock should make it's next move then if not before. All indications are that this is no problem. This Co has never sat still for as long as I've known them and I don't expect that to change. If the bottoming trend appears as it looks like is going to, consider this the buying opportunity you've been waiting for. A stock rarely moves up 100% in 3 mos without a pull back of 20% or so before moving forward. This is healthy and will help clear the path for much higher #'s. Ric D.

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