Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: limtex who wrote (7877)	8/24/1998 3:34:00 PM
From: limtex	Read Replies (1) \| Respond to of 12468

All- Looks like a collapse is under way and the shorts smell blood are making an absolute killing. Looks like we're on our way to join the Titanic. L

To: limtex who wrote (7877)	8/24/1998 3:50:00 PM
From: Alejandro	Read Replies (3) \| Respond to of 12468

Limtex; You presented a couple things I was kicking around but didn't have the time to play with. Not having thought about it much, I wonder about the shorts. Are they so stupid to short something that has shown can jump up quickly ? Would you short WCII ? Could you sleep ? They , the shorters, read the same stuff we do. It is all positive as far as wireless. Based on this, they wouldn't short WCII unless they thought wireless was useless. Are they shorting ( if they are )because Bill R won't sell ? Well, I never did agree with you on that one. The retreat to 25 % of value or $10 , which ever is higher or lower is strange to me. I can't quantify the PMV for WCII so quickly.. Steve B had a few could numbers the other week. If in fact shorters are going to get their teeth in has to be another reason. Again, if there is a reason. How about WCII is behind every other wireless company.. I mean even behind ARTT !! No. Are we behind TGNT ? No. TGNT hasn't started spending money yet. Do they have deeper pockets ? Yes. Is that a reason to short WCII ? No. That almost leaves us with the only reason anybody will short WCII. They are convinced we will go broke before making money. Do you buy that ? I don't. A company loosing what $10 per share ? is going to show weakness in a market like this. But didn't the same damn company, but only an infant at the time, hit 48 in that market ? Just for some comic relief, how would you answer your questions if it was 48 right now !! What we are experiencing is what you get when you buy a new concept with no earnings to speak of. Tell you this, I darn near got into ARTT but I studied their buildout. Nothing. Then the financing. Nothing. I am still determined to find the reasoning on WCII paying that premium. Oh, I know preventing others etc but it doesn't make sense. Look at the loss we have from it. Well, they can still recover by averaging down to $4. The fundamentals have not changed with WCII but the market has changed and has replaced some of the rose colored glasses we used at 48. No big deal limtex--------------yet !