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Technology Stocks : Winstar Comm. (WCII)

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To: NTF2 who wrote (10495)3/3/1999 7:07:00 PM
From: Bill Lotozo  Read Replies (1) of 12468
 
I don't understand why everyone is so surprised about the slide. With 25% of their float shorted ... Winstar goes up twice a year on rumors of takeover and plunges at least once a year to single digits. Why not accept it and play it that way. I don't think this will change until they are EBITDA positive. Until then, they are simply a speculative investment. Just my opinion.
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