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

To: Alejandro who wrote (7879)	8/24/1998 4:20:00 PM
From: limtex	Read Replies (1) \| Respond to of 12468

Ali - The more I think about it the more ti looks like shorts. They cover in the afternoon and don't go home without clearing their positions in case BR comes up with something to put the price up. But in the middle of August and with bad new whether it affects the US economy or not from every corner of the world the market panics and shorts having homed in on WCII with its two or three false rumours now get the feeling that nothing is going to put the price up for at least a couple of months and even if we get a good quarterly anouncement even that might not put the price up in this market. So the shorts have almost no 'downside' ( excuse the pun) and they must be making a fortune. Tomorrow and for the rest of the next coouple of months they just come into their offices every morning and start shorting WCII. They go for a very nice lunch, come back to their offices and start shorting again in the afternoon. Around 3.00 they start to think about covering and by 3.45 its all over and they go home with a big fat wad in their pocket and we're taking the haircut. Tomorrow morning they will do precisely the same thing and there is nothing we can do about it becuase BR has said he won't sell and there is no reasin for any fund manager to go out and buy one share in the company today becasue he knows that he'll be able to buy it for less than $15 in say a couple of weeks time. I knew this was going to haapen when the rumours turned out to be false. I even posted a few times about this predicting it but I didn't have the courage of my conviction and so I'm still here but sort of beleiveing in the future. Thanks for your posts. Always good to hear from you. Regards, L

To: Alejandro who wrote (7879)	8/24/1998 7:48:00 PM
From: DreamWeaver	Respond to of 12468

Reason to short: RBOC's = Big WCII = Small

To: Alejandro who wrote (7879)	8/24/1998 8:09:00 PM
From: Paul A	Read Replies (1) \| Respond to of 12468

since the day I started following WCI, (IPO Whale securities) I have to laugh at the short following that for some reason has decided to make it a favorite on AOL/SI threads. This actually works FOR longs rather than against. They are the same folks who felt YHOO, AMZN, were sure things because they failed to look at the bigger picture. Hell, I shouldnt even put WCII in the same sentence as those internet 'jokes' but im too tired to get into arguments about the size of WCII, the cash flow situation, etc etc.. its all here so its like beating a dead horse. I remember last year when Paul F. was arguing with a bunch of shorters when we dropped from 17 to 13 1/2. Needless to say, the shorts vanished 1 week later and helped us make the move into the mid 20s thank you. Besides.. you really need to feel sorry for anyone who settles on WCII as one of their short positions in a market that has incredible downside, and a TON of stocks that are clearly overbought. WCII has a great deal of 'long' money that just isnt willing to sell, and aside from the weak hands we accumulated with the last runup- there isnt much downside here.