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Technology Stocks : Winstar Comm. (WCII)

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To: gauguin who wrote (11792)2/8/2000 12:05:00 PM
From: DubM  Read Replies (1) of 12468
 
Well, this news certainly hasn't hurt the price-so far at least
WCII
82 3/4
+4 3/16

delayed 20 mins - disclaimer


Tuesday February 8, 10:47 am Eastern Time
RESEARCH ALERT-Winstar EPS view cut by Goldman
NEW YORK, Feb 8 (Reuters) - Goldman Sachs said on Tuesday it had cut its results estimate for wireless telecommunications provider Winstar Communications Inc. (NasdaqNM:WCII - news).

-- Analyst Frank Governali reduced his estimate for 2000 to a loss of $15.10 from a loss of $13.10.

-- The stock is rated a market outperformer.

-- Shares of Winstar were up 2-13/16 at 81-3/8 in trade on the Nasdaq stock market.
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