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


To: silicon warrior who wrote (6264)5/27/1998 4:03:00 PM
From: Jason Cogan  Read Replies (2) | Respond to of 12468
 
Silicon and others:

Just for the record, I bought back my 20 Winstar Calls for 3/8 today.

Net Profit, $2250, before commissions. Not bad, for 3 weeks of risk, and no capital or margin outlay.

By the way, I do think Winstar and other domestic telecom plays will be hit less hard than those companies with Asian exposure. At least initially. But then, Asian exposure will lead to greater valuation concerns for stocks in general, and then Winstar could be in for some trouble.

Regards,
JC