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Technology Stocks : Teligent
TGNT 0.0380-2.6%Nov 7 9:30 AM EST

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To: Mike Bruns who wrote (39)11/25/1997 9:36:00 AM
From: Steven Bowen   of 270
 
Mike, from an investors viewpoint, WinStar's ship is just approaching the dock. WinStar has been a $20 to 30 stock before. It was just total over reaction that drove it to 10 in the first place. Read this, if you haven't, to see what Telecom analysts are saying about WinStar: techstocks.com

Wise investors are holding WinStar tight waiting for that easy 60 to 80. Or if they stay independent and you can hold tight, probably $200 in 3 to 5 years. Traders and short term investors are probably taking their gain and running, but investors see much greater potential.

As for the potential in Teligent, in a couple years it may have the same potential WinStar has today. In the mean time, the same forces that took WinStar to single digits could easily do the same to Teligent. I just don't see anything when you compare the two companies that would say Teligent is the smarter company to own now.

Of course, the wild card in all of this is the takeovers/mergers/consolidation going on. It's not clear to me where Teligent sits there.
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