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


To: Kingpin who wrote (4071)2/27/1998 1:57:00 PM
From: indy  Respond to of 12468
 
Only sell the shares that you don't want any additional profit on!

I know there is nothing wrong with taking a profit, but......



To: Kingpin who wrote (4071)2/27/1998 2:07:00 PM
From: SteveG  Read Replies (1) | Respond to of 12468
 
<..Are anyones instincts telling them to lighten up a little here?..>

IMO:

If you are a trader, it would be hard NOT to.

If you know the story and believe the vision and appreciation potential, it would be hard to.

If you think it pulls back and want to capture that, consider selling near term, out of money calls. That way, you scalp the volatility and price premium, and keep the stock. If it goes up, cover your calls or get called and wait for further retrenching.

I suspect that there are institutions that want to own this stock, see the potential for a 50-100% gain (from HERE) and are geting impatient waiting for the stock to come back to them.

I thought I was fully loaded, but have still been buying, including options last week.

Diversification DOES offer risk control, but so does due diligence. I'd say we know this story as good as any and better than most, certainly better than traders.

Good luck.

Steve



To: Kingpin who wrote (4071)2/27/1998 2:47:00 PM
From: DubM  Read Replies (1) | Respond to of 12468
 
Kingpin, remember writing this?

Just when I start to think we are a little ahead of ourselves I look at Teligent's 1.8 bil market cap. If the two companies were valued equally that would indicate a price of about 54 for Winstar. (1.8B/33.6M)

That should answer your question. It will no doubt pull back at some point, but what the heck. I'm holding for at least 100 and much prefer the cap gains tax rate.

Dub