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Technology Stocks : Winstar Comm. (WCII)

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To: silicon warrior who wrote (8251)9/15/1998 8:37:00 PM
From: Alejandro  Read Replies (2) of 12468
 
<<Hope this is a signal of reduced nerves, etc. regards to all>>

. Don't know if it is reduced nerves or not SW. When you invest in a high flier like WCII with no earnings etc etc old story, you have to decide where your bottom line is. Also, each investor is different and so is the value of the money invested by each.

This market was giving signs of stumbling. Rash of IPO's, then Ipo's being withdrawn, companies with earnings ( well there are some SW )demanding real high PE's, PSR's thru the roof etc etc. In other words, all normal benchmarks for evaluating a company were being extended.

What gets me is that none of the TA guys screamed to get out. I have often wanted to get a chart of a company and cut it at some point in time ,like a year ago, and ask the TA guys to call what it will do from the portion I give them.

OK then. Do the same thing to a FA guy. The FA guy will have a higher batting average.

Off topic
WHERE ARE YOU ELLIS !!

ac
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