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Technology Stocks : Winstar Comm. (WCII)

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To: Steven Bowen who wrote (2655)10/29/1997 8:55:00 PM
From: DubM  Read Replies (1) of 12468
 
It seems we don't know the date of the report, but if this analyst were really in the know,it seems to me he would have been recomending wcii as a "buy" while it was still in the teens instead of waiting until it was in the low 20's.

Saw an update from CS First Boston that covers the new point to multi-
point technology. The report is dated 10-16 and states a 12 month price target of $36.

As any of us who have ever built a business know, it takes time to get things done, but with the installed base of switches recently purchased from the bankrupt US One, WinStar will be able to greatly increase revenues over the next few quarters. The report tomorrow, however good it may be, will be just a taste of things to come. Us long termers have to remind ourselves to be patient.

regards,
Dub
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