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


To: silicon warrior who wrote (8369)9/29/1998 8:09:00 AM
From: limtex  Read Replies (2) | Respond to of 12468
 
SW -

I know I've had my down days and as far as the market is concerned I have now come to the conclusion that until Japan starts growing again the market will continue to tank and sundry problems around teh globe will continue to multiply and flare up. So in other words a relentless drop in the Dow probably to less than 4,000 punctuated by occasional small meaningless rallys which one should use to get out with whatever you have left of your net worth. Why because companies like KO are not going to retain P/Es over over 30 with negative declining revenues and earnings. "I can assure you Mr Isamy the Titanic is made of iron and she certainly will sink"

BUT WCII and no doubt others are going to go through massive and demonstarbel growth that the market is not going to overlook. We will see some signs of this when we get the next earnings announcement whic by the way does anyone know when it is?

So today at least until the market opens and realises that 1/4 is a seriuos dissapointment and you start to hear that 'the market' is 'now just waiting for....' the next excuse as to why equities are the worst things to be invested in for the next three years and that noone will actually admit it, I am cheerful!!!!!

So cheer up SW WCII is OK.

Regards,

L