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


To: silicon warrior who wrote (5112)4/13/1998 3:25:00 PM
From: James Fink  Read Replies (6) | Respond to of 12468
 
To buy more WCII stock, on the very day it breaks an important support level, is INSANE. Y'all will learn the hard way that to defy technical analysis is a costly mistake. This stock is going down to $36. What were you guys thinking? Do you have a death wish?



To: silicon warrior who wrote (5112)4/13/1998 3:33:00 PM
From: gauguin  Read Replies (2) | Respond to of 12468
 
I didn't buy much either, but if you want to feel skittish, look at what's happened to ICIX! The momentum guys are getting out and with only 17 million shares pre-split, it has nose-dived. In fact, WCII has held up pretty well when you look at ICIX, ICGX,etc., so as I said to you last week -- stick to your guns!!

P.S. 39 7/8 is the highest I've paid yet--my weighted average cost is under $32, so I'm feeling okay for now.

Regards,

Barbara