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


To: doormouse who wrote (6208)5/20/1998 5:22:00 PM
From: silicon warrior  Read Replies (1) | Respond to of 12468
 
Winstar's, and my, investment in artt continues to plummet. Down another 5% today. Overall, down about 40% since winstar bought in. Seems strange to me, that the stock would drop significantly after a strategic investment in the company, albeit one that did not enrich the company..Of course, this lower valuation makes artt more affordable, so winstar might actually be happy with this turn of events. I do put some store in the theory that artt is less in play because of wcii's strategic position.