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


To: Steven Bowen who wrote (7798)8/14/1998 11:08:00 PM
From: limtex  Read Replies (1) | Respond to of 12468
 
Steve ,Ali and all -

Lets face facts if there is no real news by close of busniness on Monday then in all probability WCII will be back below $30 and heading south fast.

This market is in no mood to listen to stories about what might be in the future. If a stock can deliver a takeover at a price 'today' the the price will rise to just under that price or thereabout. If it can't deliver that increase with the certainty of a near takeover then it'll have the bouyancy of the Titanic. In our case that means $15-$17 at best.

Don't get me wrong I love this stock and one day if a bull market or even a neutral market ever reuturns then WCII and all its performance will cause its stock price to rise but in this market its a dead duck like so many other great companies.

Add to a raging bear market everything else we've got overhanging us next week and we could be in for the mother of all market crashes just to end the century on a bang so to speak.

Sorry to be miserable but like I guess most of us I had dreams for this stock but I guess we've been overcome by the bear market. Could ahve got out this morning at over $34.5 but I didn't. Sad maybe in a few years we'll get another chance.

Regards,

L



To: Steven Bowen who wrote (7798)8/17/1998 8:34:00 AM
From: Roger G. Frank  Respond to of 12468
 
so be it.

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