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

To: DubM who wrote (7974)	8/27/1998 7:46:00 PM
From: silicon warrior	Respond to of 12468

Dub, i hope you're right, but the overall markets finished at the day's lows. There will be greater pain for the dow and nas tomorrow. Pessimism may be setting in . Wcii needs a meaningful rally, my margin calls are big time ugly. I have a motto--"death from above". It involves assault rifles and helicopters. We shoulda kicked the shit out of the russians when we had the opportunity. It was a communist conspiracy all along, plotted to coincide with inane american fascination wityh our president's too colorful sex life. I pay for my greed with my fear; risk means just that.Embrace death to live life fully, worst case scenario i rely on social security.

To: DubM who wrote (7974)	8/27/1998 9:52:00 PM
From: Alejandro	Respond to of 12468

DubM: I feel we have gone thru the correction. If not tomorrow, I expect everything to recoup. The signs for correction were there. Companies withdrawing IPO's and financing because of 'market conditions'. What does that mean ? They sensed that fresh money wasn't there. Prior to that we saw a string of IPO's. People wanting anything that looked good. As I recall, during this frothy top, WCII sold additional financing at good conditions, by the way. Therefore, we are stuck with trying to figure where the hell WCII is in this correction. The answer is simple. We can't. My focus was on how WCII compared to it's peers so to speak. I felt good about WCII. Therefore, the initial drop by WCII caused me concern that maybe something went wrong at WCII bigtime. While trying to figure it out, I forgot that I had spotted things that showed the market topping out. In addition, we get the global shack up. Sorry, shake up. Shack up may have been better. What really happens as a stock drops, in thinking , is the opposite of one going up. When it is going up, you really don't try to figure out why. Well, it's the smart money. Or everybody sees what is happening and we are so smart to have spotted this tremendous new MCI. When it drops, you are trying to look into areas that are foreign to you cause you didn't use the same mindset going up. It is the basic difference between euphoria and panic. It is like life. When things are going good, how many of us appreciate it and look at how we got there and smell the roses, so to speak. When things go bad, we try to find the reason right away even though the horse left the barn. That analogy may not be any good but it is the way I see recent events. Now, unless one of you can convince me that Bill R and the boys only know hairbrushes, we will be OK. Hairbrushes ??? See ya. ac

To: DubM who wrote (7974)	8/27/1998 10:19:00 PM
From: Steven Bowen	Read Replies (3) \| Respond to of 12468

"I believe we are very near if not at the bottom. Therefor, i am ready to proclaim that the buying opportunity is here. JMHO" Wow, very gutsy proclamation Dub. I'm a little more nervous now. I think 98 will be looked back on as a bear market. I think we now need fear on the downside to match the greed we had on the upside of the bull market. I don't see the fear yet, at least no where near the fear we saw in 1987. Now that was flat out scary. Today was peanuts in comparison. I think we may well need that type of capitulation now to signal the bottom. Today wasn't it IMHO. Capitulation in todays market will mean a day of over 1000 down on about 1.5B shares (NYSE). Of course this may be preceeded by another few days of 300 or 400 down. So I realistically could see a bottom somewhere around 6500. Just my own wild ass worse case guess, but I sure didn't feel a bottom today. But, for the good news, I've been wrong a lot more than right lately.