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


To: silicon warrior who wrote (8591)10/8/1998 1:02:00 PM
From: limtex  Respond to of 12468
 
SW -

OK maybe i was getting emotional but who can blame any of us in this deluge.

It looks now like we hit bottom.

Regards,

L



To: silicon warrior who wrote (8591)10/8/1998 1:04:00 PM
From: Pamela Murray  Read Replies (2) | Respond to of 12468
 
SW,

I bought more at 14 yesterday....poor fool that I am. I wish that I had more funds available now. I'd like to strangle Greenspan and all the soothsayers that catapulted us into the black hole of darkness. I'm sure everyone of them were out of the market when they pointed to the sky and collectively said, "The sky is falling".

Why, with the Japanese market up, a new bill signed, are we spinning out of control?

Steve B., You're a damn genius...out at what? In at 10? YOU can tell me when to buy and sell (Thanks Jason C.) I wonder what Wind did today?

Pam



To: silicon warrior who wrote (8591)10/8/1998 1:14:00 PM
From: Steven Bowen  Read Replies (2) | Respond to of 12468
 
"Why is 10 magic??"

When we went through this same type of irrational sell off a year and a half ago, we hit 9 3/4 and bounced quick and hard and never looked back.

Big difference though is that was in the middle of the greatest bull market ever. Now we may be in one of the worst bear markets ever. I'm not quite as bearish as Limtex, but I do think things will get a lot worse. I'm hoping though that the small cap stocks with no earnings like WinStar are the advanced warning early indicators for market, and from here on out it will be the big leaders that will get hurt as bad as WinStar has (well, probably not that bad).

WinStar is due for a decent bounce though.
Option prices, even those expiring next week, are still high.
Hopefully they'll have a nice release shortly with a good spin on Joels numbers.