Winstar Comm. (WCII) Message Board

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Technology Stocks : Winstar Comm. (WCII)

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To: Gary Kline who wrote (8007)	8/31/1998 9:07:00 AM
From: Richard Dunaven	Read Replies (2) of 12468

Gary, As always I cannot reveal my sources but for those who have been here long enough or on the old Prodigy board, know they are accurate. As far as ARTT is concerned, they want to go it alone without the help of WCII. WCII has offered to help but have been refused several times which is most unfortunate because this will be their downfall. WCII will be around a lot longer and will pick up the pieces when they go under. They missed their opportunity to get financing 2 mos ago and and as we all know it isn't getting any better. As far as Limtex's dilemma of what to do, If you feel the market is truly crashing then go out and by some puts to protect what assets you have left. This will allow you to maintain capital as the market falls, reduce you margin and start over as it rebounds at a much lower cost. That is if it continues to fall. If it doesn't you have just sacrificed 10% of your assets to the trading Gods for insurance. See Ya! Ric D.

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