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

To: Kenneth V. McNutt who wrote (7601)	8/6/1998 11:02:00 PM
From: limtex	Read Replies (1) \| Respond to of 12468

Kenneth - The bear market that LOU DOBBS said we were in this evening on Money Line. Yes Lou himself with statistics on how many stocks have fallen over 30%!!!! Now for WCII approx 37m shares outstanding. Short interest in April was approx. 7.4m shares. Short interest in July was approx. 10.1m shares - amounting to approx. 27% of the total shares ooutstanding. That was in July and heaven knows what we've got outstanding now. Now I think WCII is great and a home run over the two years but over this week I've been examining how I have approached the market and it has been with naivety. There is absolutely nothing wrong with the company but in a bear market the value of the shares is independent of the company's performance. Doing well and coming out with good earnings and growth means something in a bull market but not today. Yes I'm trying to convince myself to do the unthinkable in the morning and I'm going to try very hard and bail and I still love this company. Regards, L