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Technology Stocks : Winstar Comm. (WCII)

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To: Ken Muller who wrote (12448)4/21/2001 3:12:44 PM
From: John Lacelle  Read Replies (2) of 12468
 
Ken,

I don't agree. Here in California, one of the largest utility companies in the
world just put itself into chapter 11. But I would call PG & E a "Hot Buy"
kind of stock. Its down from 30 to about 4 but how can this company go
under? It can't. People won't let it. I won't say that Winstar is in as good
a place but they can reorganize, and come back. Companies have done
it before. They just have to get a judge to help them sort it out.

-John
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