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


To: SteveG who wrote (7893)8/25/1998 8:17:00 AM
From: limtex  Read Replies (3) | Respond to of 12468
 
Steve-

Sorry about whining but its a method of working off frustration of maybe being a new and i'm now sure naive investor.

As far as I'm concerned WCII is well on it's way to being a great company.

I don't know about the deployment issue because I think there has been some clouding of that issue due to whether or not to start deploying LMDS equipment but I guess that getting into bed with Hughes gives us the best chance here.

My problem is simply the extreme volatility here. I mean we could see the stock back to 25% of its medium term high which if you take $40 could put us back to $10. There is no stability no consolidation of progress in the price despite all the great progress and announcements and reccomendation and price targets. I expect ups and downs but not trips to the bottom of the ocean.

Still in this market I suppose you are right. What fund manager in his right mind is going to buy anything let alone a company that is going to be cash negative for another year? But looking a quote.com I thought I saw an slight increase in the price in after hours trading and so even that small crumb gives comfort..

Regards,

L