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


To: limtex who wrote (7764)8/13/1998 7:12:00 PM
From: DubM  Read Replies (2) | Respond to of 12468
 
Did everyone see this interview with Alex?
Can you believe this statement? May qualify as understatement of the year!

"Still the company's financial performance lags the big players like AT&T (T),"

Full article:
cnnfn.com

Regards to all,
Dub



To: limtex who wrote (7764)8/13/1998 8:37:00 PM
From: Alejandro  Respond to of 12468
 
limtex:

SW was upset, like we all were, on that decline. I think he took a vacation. Ric D comes in when he feels he can help something that is bothering the thread. Of course, Asking Ric D why WCII took the tubes recently would be unfair. He doesn't know. Neither do we.

On todays pleasant move up. I will stick my neck out and say the following:


I do not think there is a buy out there at 52. The 52 was and is a rumor. I even passed the 52, as a rumor, to Yahoo.

I do not think there is a buyout --period. However, at these levels, it would be a great time for someone to make an offer.

We feel WCII is greatly oversold. Somebody out there bought today. We are up today as well as we were down the other week. In both cases, we don't know why. However, in this run-up we probably have shorters covering. Now, trying to figure the move up is more difficult. How much of the move up was by those thinking it's undervalued and how much by shorters covering.

Ali