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

To: silicon warrior who wrote (8022)	8/31/1998 12:34:00 PM
From: gabor boda	Read Replies (1) \| Respond to of 12468

Next resistance albeit weak at 18. It appears that there is a more significant threshold at 16. In a market such as this who knows. The thing that we have to ponder is, why is WCII getting hit so hard. Is there some imminent bad news emerging? Are the shorters still shorting? They certainly have cleaned up over the past several weeks. If there is nothing wrong with the company, then we are being provided a tremendous opportunity. But, is the company still as sound as we thought when the price was approaching 48? I guess time will tell. I for one, think that based on the breaking of the previous day's low, the bottom is yet to come.