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Technology Stocks : Winstar Comm. (WCII)
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To: j.d.robbins who wrote (8440)10/2/1998 11:43:00 AM
From: silicon warrior  Read Replies (1) of 12468
 
my anecdotal info from deals partners and others, including at least one verl well regarded pro is that things are getting worse, financing is drying up swiftly. One of my partners--a senior deals guy--sold most of his holdings today. Many worried about P/e deterioration to historically normal levels, bad news to come in next 2 quarters. Says nothing about wcii, but look at how LU has been hit. Good luck to all. I have not the stomach to be buying at this time.
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