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


To: silicon warrior who wrote (5212)4/15/1998 12:16:00 PM
From: Steven Bowen  Read Replies (2) | Respond to of 12468
 
SW, actually I believe the stochastics are signally an oversold condition, and normally the major stock runs start from levels we're now approaching.

The bad news in the TA is we're breaking thru all off our short term, 20 to 50 day moving averages.

Because of the oversoldness (new word?) of the stock right now, I don't think TA can let us fall much longer. I think we then consolidate and begin our next move to the 60 to 70 range.

Like L's been trying to suggest, in tough times just keep focusing on the fundamentals. There is no way this company is not going to be a great winner.

Also, for the FWIW file, I'm told that the word on the street is that Kantor is demanding from his GM's that they have the stock at $80 within three months.

Keep the faith.

PS Pam, the Vogel report was dated March 18, 1998

PSS SteveG, you still recovering from that long weekend? I knew we shouldn't have let you take three days off. Let's get back in gear! :-)