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Technology Stocks : Winstar Comm. (WCII)

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To: Alejandro who wrote (2604)10/27/1997 5:47:00 AM
From: TheSlowLane  Read Replies (1) of 12468
 
This article was from the April issue, when WCII had hit bottom at around 10. Still, the article says:

"The market evidently sees some value in this approach. WinStar, the most prominent wireless CLEC, is trading at a value of about $1 billion against roughly $60 million in revenue."

Apparently the market sees a whole lot more value in this approach now.
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