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Technology Stocks : Winstar Comm. (WCII)
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To: Gary Kline who wrote (8938)10/25/1998 6:11:00 PM
From: Alejandro   of 12468
 
Gary:
Interesting questions on WCII. I have no idea how to play the convertables .

I thought it significant that the LU deal was announced with LU earnings. Maybe it meant nothing other than to show the ammunition at one and the same time.

The creditability to me didn't affect WCII as much as wireless in total. I have said a couple times, that my biggest fear was that wireless would become obsolete by some other technology. I did not think that likely, but it is always a possibility. I find that to be a very conservative position. In my thinking it would be the same as an out of control rocket hitting my house in the rural area of Virginia.

The LU commitment is significant in that the average investor ( who, for the most part, knows less than us about WCII ) sees the opportunity to make a return on investments.

Partner in Europe is interesting. I always respond to possibilities in Europe. Somehow I remember a clash between Cable and Wireless and BTY. In either case, the ARTT licenses would be used. I would lean to BTY rather than Cable and Wireless. Maybe like going with T rather than the cable it bought. Don't rewmember . Telecom or something ?Limtex help ?

I expect Bill R and the Board to make a good, if not great announcement on 11/2. The positive cashflow against increasing revs with a negative EBITDA is a balance to be measured. Unfortuately, figuring this with any degree of accuracy, is beyond me.

I am a WCII and QWST holder for the long term no matter how much the fluctuations in the market. It is tough. So is earning a basic income for some people in the world today.

ac

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