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

To: silicon warrior who wrote (8475)	10/6/1998 7:37:00 AM
From: Kingpin	Read Replies (2) \| Respond to of 12468

Ooo noo Silicon. I may have escaped with lesser wounds than some, but I assure you I did not make it through unscathed. I kave been concentrating my efforts on the Banks and Utilities as the short financial/long utilitis trade has been in favor for some time. I am also terrified to hold anything overnight. The bond market is forcasting a pretty glum 4Q. I am pretty much resigned to day trading until the bond yields pull back to a resonable level. But,I have read every post. Just do not have anything meaningful to say. The drop from 45 to 18 in ICIX has me befuddled as well. These guys have reached EBITDA positive and are offerring cutting edge data services. Landing big contracts on a regular basis. Company is trading at something like 3x revs. Where would a similiar valuation put WCII? Pretty scary. Somebody needs to get taken out or we may not be able to justify previous valuations. That said, I do believe there is money to be made in buying at these levels. Seems inst. like this stock in the low to mid 20 range. On a lighter note isn't our beloved Mr Bowen our resident sceptic these days? Sounding a little like Ted Kazcinski (sp?). He has that whole mid west mountain thing going as well. (Just changed my address on the profile page and am no longer accepting packages without familiar return addresses. At least until Dow 9000.) Tick...Tick....Tick