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

To: limtex who wrote (7891)	8/25/1998 12:41:00 AM
From: George Mc Geary	Read Replies (1) \| Respond to of 12468

>> Please tell me that we've hit bottom.<< OK, we have hit bottom! Only joking, we will not know until after we really have hit bottom and the stock is back up off it's lows. How much further do we need to go, we are now where we were in Jan, Has this picture changed? I don't think it has, think it is better than b4. I still think we have a good possibility of being over 50 come January. We are being shorted and yes from this point. If they can get a point or better you know they will short. If enough shareholders take possession of their shares this may stop some of this short selling. If they can't borrow the shares they can't sell it short. As of July 8, 1998 there were 40M shares and 10.2M short, or about 13% of average daily volume. EOM June we were short 9.4M shares. Can't get a current figure but with the run to 47, am sure there are more shorts. I am ready to start buying again. WCII has a good story.