Winstar Comm. (WCII) Message Board

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Technology Stocks : Winstar Comm. (WCII)

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To: Ross Abrams who wrote (741)	2/21/1997 5:37:00 PM
From: Robet Butkus	of 12468

Here is an opinion, and only an opinion. MRCO is selling alot of common, since the new deal with the price reset, is unfair to them. They will continue to get interest payments, and "hopefully" convert at 20 5/8.. Somehow I think this is a Y2000 play...it may take that long... So there you have it. If anyone can shed more light,be my guest. It is as good an opinion as any. I never listen to what the companies PR line is..they know what they did.. I have been buying and selling most of these dips, and one day may find the bottom..looks like 10 to me. So far I am a loser, but a smaller one than most. Hope to make it up one day on a reversal..if it ever comes. Maybe it will just be a "splat"....

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