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Technology Stocks : Winstar Comm. (WCII)
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To: SteveG who wrote (4665)3/25/1998 12:42:00 PM
From: gauguin  Read Replies (2) of 12468
 
SteveG,

My direct experience is that Rouhana tells his buddies before we all hear. So, if this lift sticks, it is because there is some tangible good news; in the past, the stock would rise 2-3 points in advance of the release--that now translates to 4-5 points on a percentage basis.

However, as a pre-release, I still think it may be early; they probably have a good fix on their revenue numbers by now, but not expenses. So, IMHO, its strong revenues news.

Regards,

Barbara
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