Winstar Comm. (WCII) Message Board

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Technology Stocks : Winstar Comm. (WCII)

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To: Steven Bowen who wrote (8705)	10/16/1998 9:56:00 PM
From: LzzrdKing	Read Replies (1) of 12468

<<Can't believe Robet and Lzrd both went long this dog. What wasted dead money. Anybody think there's something else fundamentally wrong we haven't considered or heard about?>> I told you what was fundamentally wrong, this company does convertibles. There is only one kind of convertible I like, and that is a car. Convertibles= dilution and shorts. The reason this is a good trader however is that there were too many shorts piled on the boat, and now they are going to have to cover, except those involved in arbitrage. Stock is looking pretty good at this point, nice move on huge volume.

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