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


To: Steven Bowen who wrote (9343)11/17/1998 7:30:00 PM
From: limtex  Respond to of 12468
 
sb -

forget about a sustained up until:-

1. next announcement

OR

2. a buyer appears

OR

3. some major partnership/JV/capacity deal announcement

IMHO 3. is likely before 1. and 2 remains a tantalizing possiblity at any time.

In the meantime and before any of the above i suppose we can expect almost daily volatility with a somewhat downward trend. IMHO if it stays in the range $25 - $31 WCII will be doing well in the circumstances. This stock is not yet an AMZN. It will become one most likely in Q4 of 1999 but certainly not before unless we get 2. above.

Nothing wrong with that one way or the other WCII will be over $100 by 12/31/99 - IMHO.

Regards,

L

( self elected board member of the new coms company and with large option postiton granted on employment)




To: Steven Bowen who wrote (9343)11/19/1998 1:49:00 AM
From: SteveG  Respond to of 12468
 
Seems to be backing and filling on bullish light volume.

News to be looking for would be announcement of the intended faster/broader buildout of top markets (50 US and 50 foreign), hopefully at about the same time as some new revenue streams announced (to help offset EBITDA - mgmt aware of IIXC reactivity).

And though New York gov phone biz contract announcement probably not out till Dec/Jan, will almost invariably be an additional substantial revenue booster - considering that WCII is only co-bidder and at least two telcos have to be given contracts.

Further, as previously suggested, mgmt is very likely doing the requisite due diligence on unleashing whatever intrinsic value lurks within WCII (such as New Media - eg.,see MALL today).

Consider:

-EarthWeb (EWBX) has $2MM ttm revenues and has market cap of $550MM.
-GeoCities (GCTY) has ttm revs of $12MM, and has a market cap of $1.4B.
-eBay has ttm revs of $31MM and has a market cap of $6B.
-WinStar NewMedia has ttm revs of ~$45MM (including $12MM for 98Q3 alone) and a 2 year annualized (Q over Q) rev growth rate of 175% [revs in 96Q3 were ~$4MM].

Ergo - what market cap might NewMedia garner if 25% were floated publicly? (you gotta know bankers are currently chomping at the bit over this juicy carrot)

In the meantime, we are still above 14d ($28.75) 50d ($26.18) and 100d ($27.87) exponential moving averages (EMA). 200d EMA is nearby at ~29.5 MACD is still in uptrend and beginning healthy crossover above zero line. 14d OBV is still VERY bullish at 22MM shares. And 14 and 30d RSIs are also still bullish.

The current trend is still strongly UP, and though we could test 26-27 before next upmove -which would look to base above 30. Would want to see us hold ~26 on this retest, and then see a close above 35 to confirm higher lows and highs.

Fast stochastic is crossing over, and may present a buying op in this general uptrend. Since trend is still up, tech wisdom is that trading against it is not recommended. ie., use troughs as buying op, versus peaks as selling op.

geocities.com

bigcharts.com

What are your thoughts?