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


To: DubM who wrote (8573)10/8/1998 12:16:00 AM
From: LzzrdKing  Read Replies (1) | Respond to of 12468
 
WCII is down because management likes to issue convertible securities (13+ mil shares) which presents a good arbitrage oppy for short sellers of the stock. That, and the overall market, are a one two punch for this issue. TGNT acting better because it has no convertibles.