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Technology Stocks : Winstar Comm. (WCII)
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To: DreamWeaver who wrote (7934)8/26/1998 4:27:00 PM
From: limtex  Read Replies (1) of 12468
 
DW -

I think I've worked out a tleast to my own satisfaction why the drop and that is simply:-

1. Few if any funds or others buying

and

2. Some shorts have discovered us and are making a fortune day after day so why on earth should they stop.

Some day in november we will pulsih another Q results and then we'l get a bit of a lift. I doubt we'll have anything like we had Jan - April this year which I put down to rumour mongering. In about a year/ year and a half WCII will be shown to be doing just great and according to plan.

I doubt whether anyone is going to buy us or in fact whether there is going to be very much M&A activity at all in the coming months since everyone is so scared of anything remotely resembling a share that they run a mile if they see one. So I doubt very much in this climate that WCII is going to get bought out. So what it will perform according ti its plan and indeed so far as I know it is performin to its plan and by the end of next year it will running positively.

The same thing upsets me as you and I guess everyone else here and I must be carelful not to whine or SteveG will come after me for boring the thread but I must say it annoys the hell out of me and for that matter scares the hell out of me. Warren Buffet has this after dinner routine where he says that you really don't want shares to go up at all since all you really want to do with good companies os to buy thier shares so if their shares go DOWN its better ifr you because you can buy more of them. See...?

Well I don't understand that exactly so I don't suppose i'll ever get as rich as WB. Still I get really really upset when WCII stock drops ni value.

Regards,

L
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