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Technology Stocks : Winstar Comm. (WCII)

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To: SteveG who wrote (5367)4/22/1998 1:42:00 PM
From: Steven Bowen  Read Replies (2) of 12468
 
Oh you bunch of rookies :-)

This is easy, a walk in the park. (So far)

Ask Paul, Ali, Patrick, etc.

Watch it losing two thirds of it's value from 32 to 9 3/4, now that really tried your patience. A similar move today would take us all the way back down to 14. Not that that would ever happen, of course.

We've seen this stock go in and out and in and out of favor before, it will again. Hold tight, do what you can to minimize losses, play conservative, average down, whatever, but WinStar will again become the darling. And just think, a porportional move to what we've had since 9 3/4 will take us to 170. And everyone will be happy ever after.
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