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


To: gabor boda who wrote (7605)8/7/1998 9:12:00 AM
From: limtex  Respond to of 12468
 
Gabor -

No question we hae a big winner here but only in a bull market. In this bear market it is just one of thousands of small cap stocks many of whom are putting up good earning performances only to be dumped overboard anyway.

I don't have the faintest idea how we became a short stock with nearly one third of the outstanding stock in a short position in July even before the 300 point realization drop but there we are sad as it is and TGNT isn't for some reason at least not yet.

It seems to me that the relationship betweeen the investor and the market changes dramatically in a bear market. Of course it does but I mean fundamentally...some investors are in the market to see their capital increase and in a bear market you do that not by haning on to even great stocks but by playing the market game and sadly that means selling out and getting back in cheaper.

WCII is absoulutely a great stock but at this moment in time it just seems to me that there is nothing to maintain the stock price and BR quite rightly doesn't want to sell out certainly below $100 so thats it the stock has to drop beause at best there aren't many buyers around especially now before labor day. And when it drops now it'll go like the Titanic.

Regards,

L




To: gabor boda who wrote (7605)8/7/1998 9:55:00 AM
From: limtex  Read Replies (2) | Respond to of 12468
 
Gabor -

Still hanging in. Hope my fears are wrong. Sadly I have no guts...to follow my own convictions!!!!

Hoping for all of us today.

regards,

L