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Technology Stocks : Winstar Comm. (WCII)

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To: wonk who wrote (5694)5/3/1998 11:24:00 PM
From: Jason Cogan  Read Replies (1) of 12468
 
JA:

I think you're twisting my words around. I appreciate your respect for my trading abilities, but my position in Winstar has very much to do with questions of fundamental valuation.

I think everybody who's long on Winstar has become a victim of their own success. My arguments are not that Winstar couldn't possibly be successful. Rather, that much of that potential success has already been priced into the securities.

If you like, please go on believing the prevailing notion on this thread.

"We will make money in the future because we have already made 5X our money in the past."

I prefer to look at things a little more analytically.

Regards,
JC
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