Winstar Comm. (WCII) Message Board

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Technology Stocks : Winstar Comm. (WCII)

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To: limtex who wrote (7584)	8/6/1998 6:15:00 PM
From: silicon warrior	Read Replies (2) of 12468

Does anyone have a rational explanation, other than wcii is now quite disfavored. 1.The Russell 2000 rose 2% today--a very big pop given its recent performance; 2. the NAS composite rose over 2%; 3. Wcii earnings report beat the concensus estimates by a meaningful amount 4. The recent stock price has declined rapidly and did not reflect the market anticipation of this good news; 5. trading volume exceeded the average; 6.wcii is already 37.5% off its recent high, in just 7-8 weeks; 7.the stock did not move today, despite "knowledgable" people being impressed with execution. So, "someone" is still bailing out of the stock, and few want to replace them. Why??

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