SI
SI
discoversearch

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: j.d.robbins who wrote (7880)8/24/1998 4:28:00 PM
From: limtex  Read Replies (2) | Respond to of 12468
 
JD -

It makes one feel a bit better to actually hear from a buyer. I suppose some of the 1m shares traded today got bought but I've never been able to find out how many..

As I say glad you bought but why? If I'm right the shorts are going to carry on all the way to single figures...there's nothing to stop them and although it was great that you bought we are going to need a bunch of funds or momentum players to get the stock back up to $30.

The nasty facts of life are that the only sensible thing to do with WCII is to short it.

I love the company and this is the second time this has happened to me this year but it's simply useless to go against the market. The shorts and that is the market here are going to carry on till someone or something stops them and there isn't anything credible around.

Sad but it looks to me like we've had it. Only hope I'm wrong. SW hasn't been seen for a long time and I assume he bailed in the low thirties.

L