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Technology Stocks : Winstar Comm. (WCII)
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To: Steven Bowen who wrote (695)2/20/1997 11:01:00 PM
From: dmcl   of 12468
 
Steven,

I think you have made some very interesting points. I suspected the selling could be coming from the milliwave deal because it is very coincidental in terms of timing. I asked the company when the deal was announced about lock-up agreements and they said there were some agreements in place (I don't know the terms). If the stock is locked-up someone still could be shorting against it! It could be one explanation for the recent performance! Anyway I continue to buy the stock regardless, because of all the obvious fundamental reasons.
One question I do have is... If Dennis Patrick understands the value of this company and the licenses... wouldn't he have to be nuts to be a seller here????(Him or any of his partners)
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