Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Kingpin who wrote (4115)	3/2/1998 12:39:00 PM
From: Taylor Caruthers	Read Replies (1) \| Respond to of 12468

03/02 09:23-DJ: *Legg Mason Cuts Winstar Comm to Mkt Perform From Outperform.

To: Kingpin who wrote (4115)	3/2/1998 11:45:00 PM
From: Steven Bowen	Read Replies (1) \| Respond to of 12468

Got totally out of my MCLD this morning as it bounced around 41 to 42. May have left some on the table, but took a sweet four bagger in about three days. Don't come much better than that. I'll give it about one week, and if it can't sustain this rally, should be a good short. WinStar looks to be in for some short term selling pressure. Overbought right now, and indicators gave me a sell today. However we could trade flat 40 to 42 for a couple weeks and would work off that overbought condition without much downside move. That's what we've done after the last several rallies. We'll see if the buyers continue stepping up.