Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 (7587)	8/6/1998 7:16:00 PM
From: bob glass	Read Replies (1) \| Respond to of 12468

The sky is NOT falling. Later, BG

To: silicon warrior who wrote (7587)	8/6/1998 7:18:00 PM
From: limtex	Read Replies (2) \| Respond to of 12468

SW - We are in a new world. AOL was up to $140 a few days ago. Yesterday it dropeed to below $98. today is at about $104 and it came out with great Q on Tuesday. Even Lou Dobbs has just said we are in a bear market. He listed the number of stocks that are down over 30% from their highs and it was a very big %age of all stocks on NAZ and DOW!!! today out comes SSB and "reiterates" its STRONG BUY reccomendation adn gives a 12 month price "target" of $124. Big deal......It was $124 last week!!!!!!!!! So we are where we are and no-one wants to buy WCII or many other small cap stocks either and stock prices g up when people buy and when people either don't buy or they sell then the price goes down and sadly for us and many others thats where we are today. Unless a magic fairy comes down and gets fund managers to start buying again then tomorrow morning it will be a miracle if WCII holds $28. By the end of August it will be even more miraculous if we are still over $20. Our only problem is to face up to this and make a decision as to whether to bite the bullet and sell and wait on the sideline or alternatively to sit in for a really nasty ride. WCII will get there next year no doubt and maybe in between there might appear a buyer or small cap stock might come back into favor again. I'm hovering still can't accept that some of that sixteen point drop won't come back in a few weeks/days. Thats my heart talking my mind tells me to get out and quickly. Regards, L