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


To: DubM who wrote (3355)1/10/1998 11:32:00 PM
From: RANDY DAVIS  Respond to of 12468
 
Dub, I am looking for a good Monday. I don't know too much, but with all the good news coming in and WCII's "no interest in Asia", I can't help but believe that next week will be good to us. My prediction, which is not very intelligent, is 35 by weeks end. Can anyone share any thoughts on this.

Dub,
Took kids today to Disney's "Aladin on Ice" at Hornet dome.



To: DubM who wrote (3355)1/11/1998 4:26:00 AM
From: Schmedley  Read Replies (1) | Respond to of 12468
 
[I wouldn't mind one more big drop so as to try to pick up a
little more at a good price.]

I hear that! but you know this Grubman at SmithBarney appears to have a pretty good handle on things. Last May, he initiated coverage on ICGX (it was trading around $12 at the time) with a 12 month price target of $24 -looks like he was off a little in his timing-we still have 4 months to go and it's at $28! My guess is that his WCII estimate of $71 is a bit on the conservative side. Just watching the large block activity cross the tape on Friday makes me doubt that we'll be seeing another decent pullback. The cats' out of the bag!

Schmedley