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

To: limtex who wrote (10568)	3/5/1999 8:32:00 PM
From: Alejandro	Read Replies (2) \| Respond to of 12468

Hello limtex: I agree that it will not go down as far as before. The shorters are there and I expect a retreat but not to single digits. I don't think we will see that again. However, the market is way high again and will collapse. WCII with big negative earnings will go back some. SteveB said it. We have been there and done that. Somewhere, that sequence will stop. Meanwhile I'm treading water. I have a smaller position than before but I have cash waiting. To answer Paul from a post of last week. I took my profits at 29. Bought back at 31. Will trade and try to get 50 %. Hope I'm in when it hits big. As it has been said today, you can make money with WCII by trading. It's not that I'm a trader. I rode it up and down till I realized you have to take what it offers. SteveB and his farm and buying at 10 what is being offered made sense. At the time, I was still going to ride it out. However, with that drop in the fall, I saw big paper profits evaporate. To Paul F and everyone, I have changed my way of believing in WCII. We will increase our profits greatly, but the question still is, is it better to trade or buy and hold. Paul asked a question if I could follow my gut. Answer is that I am doing both instead of one. Actually, being a trader is far from my way of investing. WCII and learning changed that. Right now, I am comfortable if it takes the tubes or goes to the moon. limtex, we all had difficult times with this jewel, but it is a jewel. Finally, I think the debt has exceeded what was perceived earlier. Yes, there are good reasons for the company to expand to Europe etc but it is long term debt with no real payback other than potential. You could argue this stock forever. Whomever said to buy this and forget it for 8 years is probably correct. ac