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Technology Stocks : Winstar Comm. (WCII)

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To: Bernard Levy who wrote (7931)8/26/1998 3:46:00 PM
From: limtex  Read Replies (1) of 12468
 
Bernard -

a little better as I post and nearly 1.5m shares!!!!!

Quite a few CLECS are in their build out stage at the moment and are in varying fegrees of planned losses each quarter.

What I think is going on here is that anything with future or hope value or takeover value is having that excess value eliminated. Couple that with what I guess are a bunch of aggressive shorts who have got very rich in the last couple of weeks on our account and I think you have it.

I nailvley thought we could remain a backwater while the storm raged and until next Q but they found us!!

I'd like to say that the sooner August ends the better but I am scared to tempt fate since heaven knows what could come floating in next month from another godforsaken part of World so although I've just said it I won't say it.

Just out of interest and I hope Steve G will forgive me but my curiosity is growing by the hourly news announcment what exactly happens when Russia comes absolutely to a grinding halt. Sorry but that much is beyond my experience and my imagination.

Regards,

L
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