Winstar Comm. (WCII) Message Board

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Technology Stocks : Winstar Comm. (WCII)

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To: TheSlowLane who wrote (3070)	12/8/1997 8:52:00 PM
From: spinynorman1323	Read Replies (1) of 12468

Paul, One thing about all the TCGI takeover talk. Today's story mentions GTE (as well as T) as players who NEED a CLEC or two. If by no other reason than supply and demand, one has to bet that WCII will be taken out eventually. The trading today included a few substantial blocks at the ask. Typical of market maker activity (read: not necessarily supply/demand driven) WCII traded downward late in the day although the money flow was extremely positive. All four of these blocks traded at 28 3/16. 14:47 76,200 14:56 261,000 15:24 225,000 15:31 20,200 On WCII's lack of enthusiasm about selling out. Do you think that is more of an obstacle to a takeover or a means to attract a better deal in a potential bidding war? (ie. hostile offer, white knight ups bid, etc.) Nice to see the increased activity today, was getting a bit lethargic there for a while, huh? Mark

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