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Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?

To: limtex who wrote (12023)	8/11/2000 10:30:22 AM
From: silicon warrior	Read Replies (1) \| Respond to of 12468

I don't believe we'll make it to the teens. Will hit 52 week low of 24 and then drift lower for a while. 20 will hold. (JMHO). Anyone else believe what everyone else said a long time ago--this is not a Long term buy and hold; trade it for sure, but too few believe in the value proposition. I believe this is the result of GSTX combined with ICGX. Looks like the sector's going bankrupt to some. Recovery may be a very long time off--like a full year. Obviously, the "market" is betting it never recovers. Strange indeed given the execution. I say again this is in part a reflection of Winstar's refusal to focus more acutely on profitability at the expense of growth. Wrong sector for sure right now.