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


To: Steven Bowen who wrote (2862)11/12/1997 10:18:00 AM
From: pkwknk  Read Replies (1) | Respond to of 12468
 
...I'm not much of a short term trader, but IMHO barring a mkt debacle, this stock looks better and better....only 24 Mutual funds now own it, sh interest has grown, ans OBV keeps going higher...anyone who owns it just has to hold tight, or sell calls if they dont mind missing a big ride...alternate insurance might be to buy out of the money puts, which may be costly, but helps you sleep at night and will purely look like a fair price of doing business after the run I see here over next 12 months... as an aside, for all those who complained (including yours truly) about the company's lack of focus on shareholder value, Bill is now welcoming the inevitable takeout..you gotta love it!!!



To: Steven Bowen who wrote (2862)11/12/1997 3:40:00 PM
From: Schmedley  Read Replies (3) | Respond to of 12468
 
[it would be obvious you don't
understand this sector]

WCII down 5%
ARTT down 8%

Ahhh yes, and ignorance is bliss!

Seriously though, while I'm sure you may be right in your claims of $100 shares someday. The question, as always, would be WHEN? and how much lower will the stock go before it goes to new highs? As long as the enthusiasm remains this strong I see it as a short term trading opportunity on both the upside as well as the downside.

Thanks

Schmedley