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Technology Stocks : Winstar Comm. (WCII)

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To: Richard Dunaven who wrote (5419)4/24/1998 12:22:00 AM
From: SteveG  Read Replies (1) of 12468
 
[Just back from some meetings and a local fiber/Cat5,6&7 teach-in. More again tomorrow]

Ric-

Glad I added to my Jan 99s over the last three days. I bought (personal) Jans for two reasons, the first is that I have some sizable IRAs and SEPs that I want to rollover this year, and I need to come in under $100K adjusted gross. So I need to defer generating any tax consequence until 99. And second, irrespective of rumors to the contrary, I really don't think (perhaps just wishful thinking) that WCII would sell this year.

I have read posts back before I got involved in Nov (if Jason were a serious investor and not just a "mouth", he would read a ways back as well) and note that your contributions have been insightful.

Does your crystal ball indicate something drastic could be in store BEFORE 99? I am curious of your Jul time frame. Also, you previously suggested deep in the money calls. This also perplexed a number of us. I was hoping for some further comments/insights.

TIA

Steve
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