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


To: RANDY DAVIS who wrote (3598)1/29/1998 8:59:00 AM
From: Alejandro  Read Replies (1) | Respond to of 12468
 
Randy:
I think it's holding great. I'm looking for it's push through 33 3/4. Actually, the second time it goes through 33 3/4 is more indicative.

I like the way it has increased without the usual dip lower then up again. Acting healthy.

We are in a waiting pattern. WCII is growing. The acquisition fever has come down. We just have to watch our investment grow.

I agree with you that the increase in short interest is normal and is a non-event. Also, that insider trading flap. There are many reasons for insider selling that has nothing to do with the company itself.

ac



To: RANDY DAVIS who wrote (3598)1/29/1998 9:02:00 AM
From: SteveG  Read Replies (1) | Respond to of 12468
 
<..I think MMs are helping us there. Any thoughts from anyone...>

Institutional buying currently offering support in low 30's.



To: RANDY DAVIS who wrote (3598)1/29/1998 9:02:00 AM
From: gabor boda  Respond to of 12468
 
Randy,

I don't agree. If I would have been short through that run up, I think that I would have covered along the way. I guess there could have been laggards who felt that the run up was premature. Don't forget that the 4M plus short volume has been around since the stock was in the high teens and that in shorting, the sky is the limit as to losses.