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


To: Steven Bowen who wrote (8705)10/15/1998 4:24:00 PM
From: Alejandro  Respond to of 12468
 
Steven:
Yes, it isn't nice. Most of the tele's went up something. It fell so far and so fast people are still nervous about it. What are the puts out there ? Guess we will have to wait till we see some good gain on neg earnings.

ac



To: Steven Bowen who wrote (8705)10/15/1998 4:46:00 PM
From: TheSlowLane  Read Replies (1) | Respond to of 12468
 
"Can't believe Robet and Lzrd both went long this dog"

Yeah. Neither can I. I'd bet they didn't go long and am skeptical whether they were short. One thing is for sure...they couldn't miss the opportunity to do a little face-grinding. This contrary @#$#$@ never does what you think it should (short term)...better do what I think it should long term or I will be quite sorry...to say the least.



To: Steven Bowen who wrote (8705)10/16/1998 9:33:00 PM
From: Robet Butkus  Respond to of 12468
 
Hey..dont worry about my trading....sold at 16 3/4 today and rebought
everything at 15 1/2.....going to 20



To: Steven Bowen who wrote (8705)10/16/1998 9:56:00 PM
From: LzzrdKing  Read Replies (1) | Respond to of 12468
 
<<Can't believe Robet and Lzrd both went long this dog. What wasted dead money.

Anybody think there's something else fundamentally wrong we haven't considered or heard about?>>

I told you what was fundamentally wrong, this company does convertibles. There is only one kind of convertible I like, and that is a car. Convertibles= dilution and shorts. The reason this is a good trader however is that there were too many shorts piled on the boat, and now they are going to have to cover, except those involved in arbitrage. Stock is looking pretty good at this point, nice move on huge volume.