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

To: silicon warrior who wrote (6248)	5/26/1998 2:30:00 PM
From: Jason Cogan	Read Replies (2) \| Respond to of 12468

Silicon and others: I've been watching the dialogue and the developments in fixed wireless very closely. Obviously, a lot of interesting developments. One of the best for Winstar longs I think was the testimony of Winstar's service and cost advantage by one of their customers. Unfortunately, Winstar still needs several thousand more of these customers to make themselves a going concern. Still, thought I would take advantage of the weakness to buy back my calls. Before Steve Squared start jumping, I only left a day order to buy them back at a half. Hope I will get filled. If I do, that's $2,000 for three weeks of way out of the money risk, and no capital outlay. Still think it was a bad trade? Regards, JC