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Technology Stocks : Winstar Comm. (WCII)
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To: TheSlowLane who wrote (9033)10/30/1998 7:56:00 AM
From: wrm1  Read Replies (1) of 12468
 
Just my feel on earnings:

Certainly, a couple of negative earnings reports have kicked a couple of stocks, but, in my recent review of WCII earnings, they seem to beat the street substantially. With that said, they still show a large loss. No book cooking reference intended, but when you are predicted to show a loss as large as WCII, how could you not beat the street a little.

After this hurdle I expect a $32-36 next level, assuming no crash.
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