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

To: Jason Cogan who wrote (8027)	8/31/1998 3:56:00 PM
From: silicon warrior	Read Replies (1) \| Respond to of 12468

I have been wrong too often, although I accurately predicted our present predicament when Mr. Rouhana did not deal. We were at risk, and that risk hit. Today may be the watershed day, dow off 450 and counting, Nas off 130!! For chrissakes! Russell 2000 off 33%. Yikes!!! This is a bear for all but LU, MSFT, GE etc. So we turn soon; i expect a reasonably good strategic announcement "soon", which might help. Rationally, capital shopuld be returning to domestic growth companies, safe from russian aids and asian malaise. Once such place is wcii. Only issue is will the avaerage mutual fund investor freak because of today. If so, redemptions will sweep over us like fog on the sound. I was a penniless orphan, so I've been here before; god bless those who have never seen bad economic times, it will build thweir character and the character of the nation. Thank God we're not in India.

To: Jason Cogan who wrote (8027)	8/31/1998 6:46:00 PM
From: limtex	Read Replies (2) \| Respond to of 12468

JC - Pointing a finger at WCII in todays circumstances is quite frankly absurd. Why didn't you short AOL or CCI or JPM or any of a thousand other more liquid stocks all of whom have suffered just as WCII and in some cases even more. Have you made similar posts on some of the other stocks whose price has dropped or is it just that you specialized in WCII and became so convinced that it's price would drop that your research just missed the biggest crash for seventy years and the economic and socail collapse of Russia? L