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

To: SteveG who wrote (8267)	9/16/1998 10:52:00 PM
From: Jason Cogan	Respond to of 12468

SteveG: <<That you continue to do so in spite of ample clarifications concerning the appropriate metrics used to monitor the progress of such companies, as well as clarifications of how WCII continues to meet and exceed these metrics, establishes your entrenched density.>> The only metric for performance that matters that I know of is stock price. Usually, it's M&A hawks like yourself that attempt to divert people's attention to "other metrics" besides financial performance. Who's density is really at issue? <<For you to continue to appear here doing so months later (though disappearing during the time WCII rose ~25%) as though you have any insight into WCII, the sector or market, establishes your fatuity.>> I don't know what fatuity means. What I do know is that I made money off of my recommendation, while the people that listened to your cheerleading for purchase above $45 lost half their investment. Whose performance is really at issue? <<Fact is, you were near term wrong in WCII's price performance>> Explain to me how selling short dated 50 calls for a rich premium was ever near term wrong. I knew Winstar was overvalued at 38, and was particularly comfortable taking the upside risk above 50. All you got for your volatility was a round-trip ticket to nowwhere. <<, and understandably disappeared during that time. That the market corrected, and as a result you think your bearish call on WCII was somehow prescient, establishes the severity of your delusions.>> The only reason I disappeared was that I tired of trying to point out to combative fanatics such as yourself the values of fundamental analysis. I know now why. Apparently, even a 50% reduction in net worth is not enough to stop you from continuing to believe in "rapid recoveries" and "inevitable truths." If the market's message, broadcast loud and clear, is not enough to send a wake-up call, why should I consider myself any more capable? Or perhaps it's that you have some other agenda that forces you to continue on the bandwagon? Other than completely miscalling Winstar's short term price direction, what other words of wisdom can you provide me? JC