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


To: gabor boda who wrote (3227)12/26/1997 3:24:00 PM
From: limtex  Read Replies (1) | Respond to of 12468
 
Gabor -

1. You have to decide if you are a trader or an investor. Traders think about individual stocks daily or more often. Investors take a view and sit with a stock for a period of years. That doesn't mean you don't think about a stock when its down it means that you don't worry about it because your betting that over years it is going to do well. IMHO WCII is a very good investing stock for all the market and tech reasons that have been well rehearsed.

2. WCII is not alone. There are several others in exactly the same position now.

3. WCII is a small/mid cap stock that has had a huge rise this year.

4. There are stockholders who are selling now either to lock in gains or alternatively to realise losses having bought in higher since we are five days from the end of the year.

5. I moaned about the downward trend a few weeks ago in frustration but these kind of cutting edge stocks creating new realities in their markets are subject to massive fluctuations and we just have to very patient as long as the fundamentals remain on course.

In this case the fundamentals are still very much on course. It's results season starting next week. There will no doubt be good results and if the management keep up their performance the company's postiion can only improve.

Happy holiday



To: gabor boda who wrote (3227)12/26/1997 7:31:00 PM
From: Alejandro  Read Replies (2) | Respond to of 12468
 
Gabor, you said:

<However, our favorite is steadily
sinking. Anyone have any ideas?>

I apologize for not warning everyone I was selling today. :-)

No volume today. Won't have any till the 5th. Then the mutual funds will undo the window dressing of Dec. There are any number of resons people sell in Dec. I didn't sell anything in Dec. cause of taxes. I guess it's OK in a way, means I didn't have offsetting losses. Like it is said, if you are not paying taxes, you are not making money. Hell, I can't even write off my yacht !! I guess I better just take it out of the bottle.

ac