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Technology Stocks : Winstar Comm. (WCII)

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To: Alejandro who wrote (8253)9/15/1998 10:03:00 PM
From: Jason Cogan  Read Replies (2) of 12468
 
Ali:

<<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.>>

I couldn't agree with you more. Throw Warren Buffet and Peter Lynch into the FA camp as well. What confuses me is how you can correctly identify the need for fundamentals, earnings, etc. and then be surprised by the sudden drop in Winstar.

<<In other words, all normal benchmarks for evaluating a company were being extended.>>

Isn't a company with negative net worth and not even positive EBITDA forecasted for another year by definition the most extended?

Regards,
JC
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