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


To: Alejandro who wrote (7916)8/26/1998 11:36:00 AM
From: DreamWeaver  Read Replies (1) | Respond to of 12468
 
Bad Omen:
This board is beginning to sound like the CAWS thread a year ago and the CVUS thread 6 months ago. "Stay calm, everything's going to be alright, this must be the bottom..."
Face it, something is rotten with these fixed wireless stocks.
Look at CVUS, from 9 to nothing in a hurry.
Look at ARTT. From $15 to $4 in a blick of the eye.
Why is Winny any different?
Yes, I know they have the capital, they're further ahead in their build than TGNT, they have a top management team, etc.
But what if all that doesn't matter?
DW



To: Alejandro who wrote (7916)8/26/1998 11:39:00 AM
From: gabor boda  Read Replies (1) | Respond to of 12468
 
To all,

According to the charts, our next major resistance point will be at 23 7/8 which was achieved on december 29, 1997. If we break under, then the next stop appears to be at around 20 1/4.
Let's face it, they are still shorting. We are being hit a lot harder than everyone else who is allegedly healthy. Does anyone have the short position as of August 15? Should be out today/tomorrow. I feel that until those shorts start to cover, we will continue the downward spiral.
Anyone know of a way to track the daily short position?



To: Alejandro who wrote (7916)8/26/1998 12:27:00 PM
From: limtex  Read Replies (1) | Respond to of 12468
 
Ali and all -

A little recovery here and I bet the FED has been in today pouring liquidity in. Its got all the hall marks of it and thank you Mr Greenspan. I wasn't very happy with him when he gave his last evidence to the Congress but today he's earned his spurs as far as I'm concerned.

Don't know where we'll finish but as long as good old G is there to keep the market liquid as long as it takes we should avoid the worst of it.

Regards,

L