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Technology Stocks : Winstar Comm. (WCII)

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To: SteveG who wrote (10506)3/4/1999 10:59:00 AM
From: limtex  Read Replies (3) of 12468
 
SG -

Looks pretty quiet to me.

I asked someone over on LVLT why anyone would want to participate in a secondary and he said that if you put up on a secondary from a brokerage you get a guaranteed piece of the next secondary and that brokerage firms like them and then put their analysts on the case. Looks pretty thin reasons to me and whats the use of gettting in on secondaries if they end up like WCII?

Still today we are supposed to hear. Its so quiet you can almost hear a pin drop. Talk about suspense! I must admit that it doesn't look very good. I mean no-one ever keeps things this quiet and with the NAZ having quite a good morning and W struggling up $1 I fear the worst but of course hope for something reasonable.

Hopefully,

L
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