SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?


To: silicon warrior who wrote (6255)5/26/1998 6:30:00 PM
From: limtex  Read Replies (1) | Respond to of 12468
 
There is something about that number $40 that this stock doesn't like- -seem to stay away from it like oil from water. There must be people working on this stock with enough know how and resources to keep it in the range $33 -- $40 or just under. Don't know why unless there is some big logic relating to conversion prices and interest rates on debt.

That and the NASDAQ down its usual ealry summer 1.5% - 2% per day. There used to be an expression "sell in May and go away". So far as this market is concerend it should be "before May and go away".

Probably come back to normality aftrer the end of summer or latest Feb next year unless more Asian plague.

BTW I have absolutely no real foundation for making this prediction other than gut feel this afternoon.

Regards,

L



To: silicon warrior who wrote (6255)5/27/1998 12:55:00 PM
From: gabor boda  Read Replies (1) | Respond to of 12468
 
The good news is......almost no volume on the options. Conclusion,.....degradation due to general market malaise. We really shouldn't be this impacted by the Asia scenario. I'm looking for a major bounce, starting tomorrow. Good news on the way.