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

To: limtex who wrote (7575)	8/7/1998 8:31:00 AM
From: gabor boda	Read Replies (2) \| Respond to of 12468

I appreciate all of the comments but let's look at this stock realistically. In the "dive", it went from 32+ down to barely under 10. A similar proportion and a "dive" of equal magnitude would place it at a low of about 15. Now let us look at today's conditions versus those of that time period. 1. The market then, was heading upwards, the market now is heading downwards. 2. WCII revenue, etc. numbers were in their infancy, today they are growing at a more than an acceptable rate. 3. Although conservative with their earnings estimates, management has been coming in consistently with better than expected earnings. 4. The future certainly "appears" to be at least as bright now, as then. 5. Analysts recommendations just for this year are for a price target of 40 to 80s as opposed to then, when there were very few followers to even speculate at future prices. So, what is the problem? Who are these shorters and what might they know that we don't? Think about it, how would you like to be short this stock at today's price given that in theory, the company can be gobbled up for a hefty price. As concerned and worried as I am being long, I would not want to trade places, at these prices, with those who are short. Food for thought.