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Technology Stocks : Winstar Comm. (WCII)

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To: TheSlowLane who wrote (3069)12/8/1997 7:51:00 PM
From: TheSlowLane  Read Replies (2) of 12468
 
Well, Teleport shot up 3 7/8 today, supposedly on takeover anticipation. Looks like the consensus is forming that TCGI is a more likely candidate than WCII if the relative action today was any indication. Considering that WinStar appears to be not terribly enthusiastic about selling out right now, that seems about right. Still, we got almost a point and two interconnection agreements. All in all, not a bad day. Another few weeks and we can start musing about what the Q4 numbers are going to look like. I'd guess that things will look good. I also liked the part of today's announcement that discussed Seattle and the fact that they will be able to start using that switch they acquired from US One to support that area.
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