Winstar Comm. (WCII) Message Board

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Technology Stocks : Winstar Comm. (WCII)

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To: Alejandro who wrote (7879)	8/24/1998 8:09:00 PM
From: Paul A	Read Replies (1) of 12468

since the day I started following WCI, (IPO Whale securities) I have to laugh at the short following that for some reason has decided to make it a favorite on AOL/SI threads. This actually works FOR longs rather than against. They are the same folks who felt YHOO, AMZN, were sure things because they failed to look at the bigger picture. Hell, I shouldnt even put WCII in the same sentence as those internet 'jokes' but im too tired to get into arguments about the size of WCII, the cash flow situation, etc etc.. its all here so its like beating a dead horse. I remember last year when Paul F. was arguing with a bunch of shorters when we dropped from 17 to 13 1/2. Needless to say, the shorts vanished 1 week later and helped us make the move into the mid 20s thank you. Besides.. you really need to feel sorry for anyone who settles on WCII as one of their short positions in a market that has incredible downside, and a TON of stocks that are clearly overbought. WCII has a great deal of 'long' money that just isnt willing to sell, and aside from the weak hands we accumulated with the last runup- there isnt much downside here.

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