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


To: limtex who wrote (7894)8/25/1998 8:33:00 AM
From: Alejandro  Read Replies (1) | Respond to of 12468
 
Shoot, I posted to a wrong thread too.

BTW, what was the volume yesterday.

www4.techstocks.com



To: limtex who wrote (7894)8/25/1998 10:29:00 AM
From: SteveG  Read Replies (1) | Respond to of 12468
 
<.My problem is simply the extreme volatility here...>

Well, if you previously DIDN'T know, hopefully you NOW know this is part and parcel of both WCII and the market. I recommend you save yourself (and others) your continued frustration of this problem you have with volatility, and either resolve to not look at the stock if you believe long term, or just sell and/or short the stock if you feel this is the direction and want to try to play it that way.

In EITHER case, your input here will be more valuable and appreciated if you take the time to study the issues (so amply discussed and explained throughout the posts here), so that your discussion offers more than the tiring, Eeyore-like "ohhhh, the stock is going down again, and it will probably get worse" contributions.

Look - we're up now, but could go down later. Maybe start to lighten here. Bottom line is I don't mind if you are long, flat or short, but in this trying time for EVERYONE, am just getting tired of the continued insubstantial posts (IMO, neither whining nor cheering add anything to the discussion). This thread is more substantial than many on SI in enjoying intelligent and thorough discussion of the company, technology and the sector. You really should take advantage of this.

As I'm sure you know, most of those contributing here do NOT appreciate continued insubstantial posts, nor are they interested in providing a therapy session for others. But if you prefer this kind continual posting to "work off frustration" of your problem with "extreme volatility", over a thorough understand of the company and industry, here's one of the many SI threads that may better accommodate this need in you:
Subject 6944

Good luck, and maybe play it safe and just buy US Treasuries. Bottom line is that fear and greed and risk and reward are staples of the market. It can be cathartic and character building to take personal responsibility for your choices.



To: limtex who wrote (7894)8/25/1998 11:16:00 AM
From: Steven Bowen  Respond to of 12468
 
Hi L,

A little bit of unasked for advice, or at least something else to think about;

If you're still long term positive on the company and the story, but the short term swings make you nausious, consider selling some/all of your shares and buying leap options covering a similar number (or more) shares. You'll be risking and tieing up a lot less of your money, but will still be rewarded if the stock eventually moves like we expect.

For example, the Jan 2000 35 leaps (LQGAG) can be bought for less than 6. What this means is that, ignoring time premium, all you need is 41 within the next year and a half to break even, and 47 will double your money, 53 will make 3 times your money, 59 four times your money, etc. If we get anywhere near Vogels estimate even a year late, you'll make 10 times your money. This helps because it focuses you on the long term, and not just this week. It also helps because you won't be on margin and paying margin interest and worrying about margin calls.

Just an idea.
Steve