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Technology Stocks : Winstar Comm. (WCII)

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To: TheSlowLane who wrote (10315)2/17/1999 2:48:00 PM
From: limtex  Read Replies (1) of 12468
 
PF -

It would be a waste of good fire power to put out the good news in this fire storm. Better save it for a day when the selling spree is over.

We've seen this before the market is just not interested in moving up at all.

You can see all the signs of a standard ratcheing down market. Better in the mornings than the afternoons and then a daily continual ratcheting down. Stop on a ledge and then down again. Pity the poor guys that just bought in the secondary. Think how they must be feeling now. The market has been very good for a few short months and now its over. True believers will hold and will porbably have to have strong stomachs as there is virtually no bottom to the market in these times.

Regards,

L
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