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

To: Alejandro who wrote (9423)	11/25/1998 5:35:00 PM
From: DreamWeaver	Respond to of 12468

CVUS / Winny news, FWIW << NEW YORK, Nov. 25 /PRNewswire/ -- CellularVision USA, Inc. (Nasdaq: CVUS - news) today announced that it had closed the assignment of spectrum contemplated by the LMDS Purchase Agreement among the Company, CellularVision of New York and WinStar Communications. As a condition to the closing, the Company has discontinued its subscription television service. The Company will explore internet business opportunities, initially with the Company's existing network infrastructure providing high-speed internet service to metro New York. At the time of closing, the Company repaid outstanding loans that were due, and redeemed its Convertible Preferred Stock held by Marshall Capital Management. The Company also announced that it was appealing Nasdaq's decision to delist the Company's common stock from the Nasdaq National Market because of failure to maintain minimum closing bid prices. The Company's common stock will remain on the National Market through the appeal period, expected to be mid-January 1999. >>

To: Alejandro who wrote (9423)	11/25/1998 8:22:00 PM
From: limtex	Read Replies (2) \| Respond to of 12468

ali - the only problem with that strategy is that something big might happen. this doldrums will last probably till a week before next earnings announcement. then up a little and then back down again and so on until probably this time next year when the earnings potential will have a little more fact than hope in it. in the meantime the shorts will pile in every day as they sense a big killing here for the umpteenth time. they're probably scared stiff of amzn or aol but WCII is like taking candy from a baby for them. lets not kid ourselves we know they are out there now and building. they are going to whack the hell out of WCII the first chance they get. the only possible defence against these bums is for bill and the team to keep coming wwith good announcements earnings and otherwise and then when the figures really roll in they might leave us alone. the stock has almost no resiliance and even a modest correction in the market will drop the stock up to $5 a day untill it hits resistance which is my guess well below $20. but by this time next year the stock will be well over its all time high so its only a question of waiting. but if something happens then you might miss it. and it might ....it just might. regards, L