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


To: limtex who wrote (9035)10/30/1998 7:06:00 PM
From: wrm1  Respond to of 12468
 
L,
I see nothing wrong with purchasing at this price. My feel is a hovering around 27, with a possible pull back to 25 ( momentary) but eventually, upwards to who knows. Certainly $50-60 area within a year, or substantially less time. WCII is now participating more in the general market than before so general market trends will make it follow these swings. My point was, other than general market moves, there should be nothing to hold WCII back.

I lightened my holdings in half at $26.50 to see if a correction occurred, and will buy lower, but also buy if WCII closes above $27.50. Normally, I wouldn't have done this, but the ride down makes one concerned.

Thanks for YOUR contributions.



To: limtex who wrote (9035)10/30/1998 7:09:00 PM
From: slurper  Read Replies (1) | Respond to of 12468
 
I hope you"re right about th $60 before next year at this time, I own Jan.2000 calls @ 25,30 and 35