Winstar Comm. (WCII) Message Board

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Technology Stocks : Winstar Comm. (WCII)

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To: Pamela Murray who wrote (5363)	4/22/1998 12:08:00 PM
From: limtex	Read Replies (2) of 12468

Pamela - Its nothing to do with him. Its the market and falling in and out of love with a stock. Once the market is gone then in this NASDAQ environment it goes big. None of us complained when the stock went from $10 to $45 in just over a year. I remember a stock CAMP same sort of increase and back to where it came from about two years ago. Also shot up to $40 and then back down ot $5. Aslo great growth prospects. But as I say when it goes the market drops these hot potatoes like a lead balloon. Its not him....its us and the real name of the game is knowing when to get out which very few people know how to do. The company's fundamentals are great but the market isn't interested any more. I don't think it was possible to forecast that at $40+ but it looks like it is now and it could well land up well below $20. At a daily decline rate of $2 or more that gives it 10 days to $15. I really hope i'm wrong but making this kind of movement shortly in front of the earnings is a bad omen. Shame I loved this stock but that was an error. regards, L

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