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


To: wrm1 who wrote (9517)12/9/1998 8:45:00 AM
From: Malcolm Grover  Read Replies (1) | Respond to of 12468
 
Historically, what has happened to WCII after other reports? Have they always gone up before the report and down after?



To: wrm1 who wrote (9517)12/9/1998 2:36:00 PM
From: Bernard Levy  Respond to of 12468
 
Hi wrml:

Regarding WCII as great long-term hold and as a great
trading stock, while the former will remain true for
at least the next 2 years, I am looking for a change
of trading pattern as Winstar gets close to becoming
EBITDA positive. The yo-yo stock price swings are typical
of promising companies in their formative years. However,
at some point, I am looking for a switch to a WCOM-type
of trading pattern (steady rise with market related
fluctuations). My guess is that the transition will
place in the second half of 99. When the transition
occurs, I expect that many traders will be caught out
of position, looking for volatility that will no longer
exist.

Best regards,

Bernard Levy