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


To: Alejandro who wrote (7597)8/6/1998 10:14:00 PM
From: Kenneth V. McNutt  Read Replies (1) | Respond to of 12468
 
To all===

Zacks reports 8/6
Wall Street recommendations consensus
strong buy 7
moderate buy 4
sell 0

K



To: Alejandro who wrote (7597)8/6/1998 10:27:00 PM
From: limtex  Respond to of 12468
 
Ali -

Its now crystal clear that something has changed and its the market. WE ARE IN A BEAR MARKET QED.

Funny how it sort o f creeps up on you. i always feared that I'd get caught.....oh well.

Once you've got a huge short interest like we've got you might be able to get out of it in a normal market but in the teeth of this gale we have to face facts that WCII is history for the moment.

All I have to do is to work up the guts to bail in the morning. It'll break my heart but falling in love with a stock is absolutely fatal.

Whoever asked about TGNT going up on our results today was right. They sure did go up on our sweat BUT they don't have the short interest that we have (yet) so thery went up not down.

Actually although I've never shorted a stock I'm beginning to think the unthinkable and shorting WCII because its a no brainer. Its bound to drop at least to $15 in this market or buy some puts.

Regards,

L