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


To: silicon warrior who wrote (8026)8/31/1998 3:42:00 PM
From: Jason Cogan  Read Replies (2) | Respond to of 12468
 
SW:

I don't mean to gloat in the misfortune of others. I am deeply saddened that despite my best efforts, I was not able to persuade the majority of this thread that a Winstar investment was based on an ill-conceived investment hypothesis.

Investment decisions that ignore risk (tremendous EBITDA losses), and are based on takeover speculation and blind reliance on Wall Street estimates (aka Vogel) usually end badly. Winstar is no exception.

My comments to litmex were merely in response to his "debunking" of my analysis. Despite my best efforts to shed some light on the situation, I was still told that my analysis was deeply flawed. After that, he then somehow decided today was the day to sell. Seems puzzling, that's all.

What's your current assessment of Winstar? Where does it go from here?

Regards,
JC