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Technology Stocks : Winstar Comm. (WCII)

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To: Alejandro who wrote (11718)12/16/1999 6:04:00 AM
From: limtex  Read Replies (1) of 12468
 
Ali -

SteveG posted this on the other thrread on 30th September:

and while it is known that these companies frequently consider and do due diligence on synergistic relationships/partnerships, the second are rumblings of a Microsoft equity interest in WCII. What makes this currently unlikely is WCII's stock price. I suspect that any equity stake in WinStar would need be in the neighborhood of $70-$80 - NOT likely at this point.

Only a few days before hand we had that big drop from the $50s to the upper $30s because of something an analyst came out with about ongoing revenues. I must admit that drop scared the pants off me although it seemed on closer reading to be not such a pessimistic opinion.

Best regards,

L
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