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

To: wrm1 who wrote (9034)	10/30/1998 6:12:00 PM
From: limtex	Read Replies (2) \| Respond to of 12468

wrml - Assuming that the crash has now finished and normal service has been resumed what about people who are contemplating buying the stock at this price? I mean many of us old timers actually paid this price or higher and then we saw on the thread even older timers reminding us of the time that the stock dropped to about $11 in 1997 and we thought wow wouldn't that have been great to have had the opportunity to buy WCII at bargain basement price but then the stock dropped and some of us thought that the World was just about to come to a sticky end and the stock dropped and bottomed out at $10.5 and one of the contributors to our thread actually bought 5,000 at that price and still I didn't go out and get any! I can't remember who it was but that was great investing and he deserves our respect and he did an absolutely great deal. BUT what about now I mean whats wrong with buying the stock at this price. If it was good enough to buy at $30 and above then why not buy at $27? That's what I've been asking myself. I happen to believe that this stock will be over $60 in a years time and the downside over a year could be $10.5 again but it will get to its revenue and custoemr figure and so it will get to $60. Regards, L