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Technology Stocks : Winstar Comm. (WCII)

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To: gabor boda who wrote (12290)2/11/2001 4:13:44 AM
From: limtex   of 12468
 
gb - Poor old LU it just can't seem ot get it right these days. But I bet it will. These articles always seem ot pick on WCII.

One day WCII will publish some earnings for the Dec qtr and we will see the progress.

If Lu gave them loans for equipment that isn't either new or secret, as far as I knew WCII announced it themselves quite prominently.

Can Lu can't now sell the WCII loans? Well if its difficult that isn't a surprise in this climate, but as interest rates decline it will help even if only a little.

If LU has taken credit for a sale that wasn't a sale then it wil be removed from sales in fact I thought I heard they already did that and presumably they won't do it again. If they get told off by the SEC well so be it and it relates to the past and LU did help WCII so it oughtn't affect the WCII stock price but in this market where good news lasts for a day or so and anything that even sounds like bad news even if it isn't drops a stock price.

All I am interested in now is to see whether WCII is EBITDA nuetral by end 1H this year. Thats what BR said he would do.

Best regards,

L
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