Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jay Gatsby who wrote (8000)	8/29/1998 8:50:00 PM
From: Alejandro	Respond to of 12468

Hello Jay: Glad to see you responding here. I also don't think it is the end of the world. I think it is an overdue correction. There are those who prescribe --pardon the crudeness-- an enema every once in a while. Well, it's here. What happens in a correction is that most people see it as a weakness in THEIR stocks rather than the normal movement of the market. Also, if you have a supposed weak performer --negative earnings-- like WCII, the movement downward is swift. You are correct that the fundamentals will carry through. As far as other exposure, I am deep in QWST also. I didn't choose it actually. It came to me through USLD, then LCI. I like both QWST and WCII although I have much less net worth this week than last week. My opinion ?? Everything will bounce back. Which to buy after this is over ?? WCII QWST AIG. I'm afraid of AOL. Can't understand it, so I stick my head in the sand and ignore it. Same with YAhoo and Amazon. WCOM is OK. I'm not sure about FON. I guess I'm not sure about a lot of things. What do you think of ARTT ??? I think it is a useless investment that WCII thinks is a great investment. I believe in the WCII evaluation of ARTT only because they know the business and I don't.. ac

To: Jay Gatsby who wrote (8000)	8/30/1998 10:25:00 AM
From: limtex	Read Replies (2) \| Respond to of 12468

JG - I never in my wildest dreams thought that one day I would correspond ( if that is the right world for both being on a thread. I must think about that and maybe coin a new word) with J Gatsby!!!!!! One of my alltime favourite movies and great cinematography and sound. Still as of right now you and I are agreed on five stock in your list all of which I am sad to say suferred a bit last week especially on Friday. OK the end of the World. No I don't think it is the end of the world but I do think that so far as the Worlds economy in generla and Wall St and NAZ in particular there will be no improvement whatsoever until Japan gets its house in order. Plain and simple. All this Russian focus is irrelevent and no-one in Russia is going to let the situation develop into something nasty with rogue nuclear weapons or anything like that. Its terrible effect on the market is just because it was yet another piece of bad news and probably the precursor to a load more this week from Hong Kong to Brazil and Venezuela and S. America generally where US banks really do have an expeosure. Russia is has no big economic effect on the US economy. This week we are going to have the President in Moscow and we're going to be treated to the market just weaiting for this and just waiting for that and all the time evaporating iits value day in and day out and the same thing all around the world. First Japan in about 10 hours then Hong Kong then the Europeans led on the relentless downward path by the Germans and the Swiss. These markets were both down about 7% on Friday morning before recovering a little. But wat for Monday and a little downward help from Japan and they'll resune their weary way to ward the Titanic. Now for our CLECS and WCII Ed sent me the Grubman report and Goivernali's report. They are spectacular!!!! From basic performance to takeover potential WCII is great and could be fantastic. But tomorrow morning we could go below $20 and then below $15 and then below $10 and then ...... Not anything to do with WCII but simply because (a) individual investors don't want to buy shares any more( at the moment) (b) funds don't want to buy shares at the moment (c) individual investors are cashing on their mutual fund holdings in order to salvage something while they still can and (d) some market players are having ball shot selling anything that walks about on the fact of the earth and has the sun on its back!! Sad becuase in any other market circumstances our CLECs would give us enought to retire on by themsleves but this market is the Black Hole of investors. Just MHO I wish I knew what to do tomorrow morning!! Regards, L