Winstar Comm. (WCII) Message Board

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Technology Stocks : Winstar Comm. (WCII)

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To: gruetz who wrote (12146)	9/24/2000 5:58:06 PM
From: Bernard Levy	Read Replies (1) of 12468

Hi gruetz: Stephanie Comfort was the CLEC analyst for MSDW in 1998. Her track report and credibility were pathetic, say when compared to Grubman (SSB) or Governali (GS, formerly with CSFB). I find it difficult to believe she is still in business, but if she is the author of the latest MSDW research, you can toss it. Another piece of trivia is that MSDW had arranged a convert for WCII in the early 90's and after WCII hit the conversion price in Spring 98, it was widely believed that a MSDW downgrade was issued to prevent conversion (WCII had to trade above ~$45 pre-split for 20 days). It was also believed MSDW encouraged convert holders to short WCII to lock in the $45 share price. The converts were finally converted earlier this year, but there could still be bad blood between WCII and MSDW. Regards, Bernard Levy

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