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Technology Stocks : Winstar Comm. (WCII)

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To: Pamela Murray who wrote (10323)2/17/1999 1:17:00 PM
From: Edward Murphy  Read Replies (1) of 12468
 
Pam,

IMO a lot of people (myself included) expected some good news to be released once the quiet period following the secondary expired. It is normal for companies to announce positive developments following a secondary thereby thanking/rewarding the subscribers. When the quiet period ended and no news was forthcoming the stock started to drop.
(Argentina was not what they were looking for)

Ed
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