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


To: Justin Curran who wrote (8520)10/7/1998 11:57:00 AM
From: limtex  Read Replies (1) | Respond to of 12468
 
JC-

WCII is a great company and will do well over the next few years but we have just entered the worst bear market in history and firstly everyone has to adjust to lower vlaues generally and secondly WCII is probably heading for low single figures.

Not because there is anythinfg wrong with the company but because there is no poitical or fiancial leadership to take the necesaary moves to prevent this melt down.

The President is worrying about all sorts of things but seems to have forgotten the one thing that helped him become elected " its the economy stupid!!" Remeber that one.

As for the genius Mr Greenspan I really believe having listened to his breakfast sppech on CNBC this morning that he is suffering from fatigue and is needs a few years rest or maybe he and his co-directors want to see a few more unemloyed and to reduce the ent worth of millions of Americans. For what reason I cannot begin to imagine.

I said earlier this week either they do something or we will be in free-fall. Well hold on they've done squat.

Regards,

L



To: Justin Curran who wrote (8520)10/7/1998 12:08:00 PM
From: Hal Barnett  Read Replies (2) | Respond to of 12468
 
Justin,

A short list of CLECs

CLEC %off high last 52week high
ELIX 77% 5.38 23.12
ESPI 71% 6.88 23.38
ICGX 67% 14.44 44.25
ICIX 60% 18.06 45.62
IIXC 62% 23.62 62.00
MCLD 60% 19.12 48.31
NXLK 62% 15.69 41.62
WCII 67% 15.75 48.12

It looks like the sector is beaten down.

Regards, ...Hal