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


To: Bernard Levy who wrote (8041)9/1/1998 8:20:00 AM
From: limtex  Read Replies (2) | Respond to of 12468
 
Bernard,

Now a little lighter I am even more convinced that WCII stock price is going to be a stellar performer but with earnings to back it up. One year from now those that stayed in will reap the rewards.

I started investing a little late and so didn't have a lot of profits to cushion the fall.

My actions yesterday are because I took the view that there was the opposite of "irrational exhuberance" going on and I saw the market just falling over a cliff for no good reason but nevertheless it was going over and so I got scared. Plain and simple and not ashamed to admit it.

I really belive in WCII and crazy as it sounds I'm now concerned that it will pop this morning after the " market" / "investors" realize that August culminating in yesterday was a wholly overdone panic. I am actually contemplating getting back in twenty four hours after getting out.

That is not as crazy as it sounds since it is not every day that the market finishes the worst month in its history with the second worst drop for the Dow and the worst ever drop for the NAZ.

I'm not sure any could even criticize me for my erratic actions because there simply isn't anyone around who has the faintest idea what on earth to do for the best. Some hold on because thats always worked out OK but if this crisis escalates form a stock market crash into a banking crash than all bets are off and we really will be in for a bad time. Hopefully its run its worst and we shall get an idea of that at about 9.30 on Wednesday morning...yes Wednesday to see whether any rally today lasts till the close and then continues tomorrow morning.

Meantime every day WCII takes on more customers and gets more on net and gets more good references and makes and plans more deals and announcements and gets stronger.

Best regards,

L