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Technology Stocks : Winstar Comm. (WCII)

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To: limtex who wrote (8034)8/31/1998 8:16:00 PM
From: bob glass  Read Replies (1) of 12468
 
L...

I agree. Jason, you didn't mention the fact that WinStar declined 3.5 early on in the day, with only 800,000 shares traded, when the DOW was still fluctuating between 110 and 170 down. How do you explain the 2 plus million shares trading after that, with no decline, while the DOW, and the "sacred cows" in the tech sector got demolished?

Mr. Cogan, its not WCII, its the market. When the bloodletting is over, it seems to me that, based on its performance later in the day, WinStar will recover quite nicely.

Oh, by the well Jason, unless you've shorted everything in sight, how did your portfolio do today? Even profitable companies got creamed.

Regards, BG
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