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Technology Stocks : Winstar Comm. (WCII)

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To: Steven Bowen who wrote (9730)12/18/1998 7:25:00 PM
From: Edward Murphy  Read Replies (2) of 12468
 
Danny Zito at Legg Mason came out with some comments about 3:20 regarding setback in ebidta breakeven point. Stock started to give ground around then. Add in some daytraders getting out prior to the weekend and runup from 27 at beginning of month (50% in two+ weeks) = profit taking.

Hang in there - More good news to come between now and quarterly conference call.

Ed
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