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

To: gauguin who wrote (4122)	3/2/1998 2:52:00 PM
From: Steven Bowen	Read Replies (1) \| Respond to of 12468

Oh, don't we wish it were that easy! Obvious profit taking and the downgrade probably hurt us a little. But when you've had a run up like we've had, I don't know if there is any way to make decent predictions. Based totally on the way WinStar has acted after the last few run ups, I don't think we have much downside risk. Somebody always looks ready to buy the weakness. However, at the moment, I'm not feeling any need to hurry into any new positions. Think I may just wait a few days and see how it shakes out.

To: gauguin who wrote (4122)	3/3/1998 2:07:00 AM
From: SteveG	Read Replies (2) \| Respond to of 12468

<..Do you think the new trading range is 40+? I want to get in and buy more but would, naturally rather do it 38.5 range. Any realistic hope of it dropping to that level and if so, what timeframe would you estimate based on your charting, auctions, etc.?..> No clear idea, but would not be surprised to see it retest support at 35, or even 32. I DO think that institutions are looking to buy at these levels, as 55 in 12 months is a highly likely, conservative target and that STILL will outperform the S&P (at 40+%). And the upside from 55 (say by March 99) is pretty strong, where I don't see a lot of downside from here if they perform even moderately. All, of course, IMO. On the road, will check in sometime tomorrow. Regards- Steve