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

To: Patrick O'Connor who wrote (3405)	1/14/1998 2:57:00 PM
From: Steven Bowen	Read Replies (1) \| Respond to of 12468

Was that also our all time high we're about to pass by that'll shortly be in the rear view mirror? OK now, Dub, exactly what are you considering mid 30's? Patrick, E*Trade has a free utility that calculates Black-Schoales values. I don't know if there is any other place on the web or not that offers it. I don't ever remember seeing one. B-S just gives you an estimate of the fair value on an option. The guys who developed it are the ones that received the Noble Prize in economics this year. I always compare where the options are priced relative to what B-S calculates. I think it can tell you something about expectations. It also gives me an idea and target when I'm buying or selling. If you ever want the values, just ask and I can cut and paste them here. Steve PS If I recall right, it seems like our all time high was 32 7/8. Does anyone know if this is right? If so, we're just there but haven't broken yet.