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

To: Steven Bowen who wrote (4078)	2/27/1998 9:26:00 PM
From: pkwknk	Read Replies (1) \| Respond to of 12468

...stock is at upper end of sh term trading band, which predicted this move..ovewrbought, but that can always last longer than you think..by now, besides the instiut buying the hell out of it, the MO guys must have a sniff (which I never like, but its an occupational hazard when you are up 60% in 2 mo)... also showed up on the soses guys screens today... out of money calls havent even opened yet!! (would guess next week)...Steve G put the strategy as well a anyone can...suck out some premium on covered calls if you want to participate in whenever a correction comes, but dont do it on a big enough part of your position that will get you upset if it runs away from you... always .remember the trend, and this stock is still reasonable early in institu accumul.... off subject, have never owned and dont know much of the fundos, but pull up a weekly chart back to 93 on HGSI..a classic ascending triangle..downside 37 but the upside long term upward breakout is within a few months..been tracking it for a yr.....supposedly is a important play on the future of bioteck/genetic reengineering...sorry, but just had to get this out of my system....