Winstar Comm. (WCII) Message Board

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Technology Stocks : Winstar Comm. (WCII)

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To: MangoBoy who wrote (10490)	3/3/1999 3:54:00 PM
From: SteveG	Read Replies (1) of 12468

<..a lot of pessimism going into tomorrow's reporting..> This continued selling is sickening. That said, I believe there is NOTHING wrong with the Q or company fundamentals and a LOT right. There seemed to be some persistent overhang from the secondary by shorter term players who expected a lot of announcements following the Q. Frankly, I did as well, but even though we expected stuff, they can't announce what isn't inked - so we wait. There was also several recent funds who changed managers, one of which was thought to be exiting the position. JP Morgan made the point this afternoon that WCII is currently (at $30) trading for their spectrum value (based on WNP) only. Expect widespread positive comments after the CC. Fwiw, I added more options today. I keep hearing that the call will be very good

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