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


To: limtex who wrote (10760)3/16/1999 3:00:00 PM
From: KAF  Respond to of 12468
 
I think those sales were due to the secondary offering and represent the drop in price of the stock. It is really fully diluted now and about 20% below the secondary price, about where people begin to take a position in the company. Watching on lvl 2 there's a large gap between bid and ask......and large blocks being traded after smaller blocks bring down the price.