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

To: Jason Cogan who wrote (8224)	9/11/1998 6:38:00 PM
From: Bernard Levy	Respond to of 12468

Jason: Relative performance with respect to the market depends strongly on the time frame. WCII is still up more than 100% with respect to its April 97 bottom. There are not too many stocks in the market which did that well in this time frame. Regarding tying up your capital, the answer is that you do not get to play unless you are in the game. In other words, you do not know when WCII will rise (assuming it continues to execute well) It could be 4 months from now, or 3 months, or 5 months, but no one will tell us ahead of time. May be as a trader you can discern when an uptrend has started, based on TA, but personally, I am highly skeptical of TA, and prefer to rely on fundamental analysis. Maybe Steve's target of $100 by Dec 99 is optimistic, but if WCII executes well, Steve will get $100 for his shares at some point (he may have to wait beyond 99 IMHO). In fact, if he can wait 6 or 7 years, he could see $200 or more, since the true payoff for WCII (large profits from a fully built out network) is further out. Best regards, Bernard Levy

To: Jason Cogan who wrote (8224)	9/11/1998 7:25:00 PM
From: Steven Bowen	Read Replies (1) \| Respond to of 12468

"why keep your capital tied up in an investment that has performed poorly relative to the overall market, and will likely continue to do so for the foreseeable future?" Come on Jason, I think we should be able to expect better out of you. You continue to pick very specific time periods to try and prove your points, and it doesn't make you look very good. Actually since I started buying WinStar 3 years ago, while I was reading IBD WinStar was almost always over 90 Rel Strength. And it probably has been much of this year. Lets just look at a nice easy one year return; WinStar plus 33%, Wind River minus 7%. Who's underperformed??? And I imagine out of everybody on this thread, you held WIND while everybody else held WCII. Actually WIND is trading about where it was two years ago. That's pretty poor relative strength, wouldn't you say? And yet you are so bullish on WIND that they hire you??? "I think you are letting your wishful thinking override your better judgement." Not really. Actually I went 100% cash a while back and will probably stay there as long as the market is plus 300 one day and minus 300 the next. I like to trade, but unless you have a crystal ball that tells you which way tomorrows gap will be, it's pretty tough in this market. So I'll sit and watch. But when things calm down, like I said, WinStar COULD move up by a factor of five from here within a year. Not that that's my projection, but I think everyone would tell you that it COULD. Could WIND move up 400% in a year. Highly doubt it, you'll be doing good to look for 50%. Is WIND any safer, just because they have positive earnings? Well judging by one year performance, I'd say no. So if you want to talk relative strength, I could make a better case for WinStar being one of the best performers, WIND being one of the worst, and WinStar probably better than average chance of being one of the better performers for the next 12 months.

To: Jason Cogan who wrote (8224)	9/11/1998 11:30:00 PM
From: Alejandro	Respond to of 12468

Jason: You said: <<Even if a '99 recovery is in the cards, which I consider highly doubtful, why keep your capital tied up in an investment that has performed poorly relative to the overall market, and will likely continue to do so for the foreseeable future?>> What makes you such an expert on WCII or the market ? If you were a trader you should have made a lot of money on WCII in the last year. To my recollection, you did not own WCII in single digits. Therefore, you are not a trader or you would not say WCII has performed poorly because there were big gains last year.. There is no substance to your statement about the foreseeable future. You are just shooting out statements of no consequence. I expected more from you than some of your recent posts. You have no clue as to 99 and WCII but you consider a recovery doubtful. Wow, where did you get that from ? Even Fink would have given some reason no matter how outlandished. No, you have not reached Finkdom yet. You are way more gracious. ac