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Technology Stocks : Winstar Comm. (WCII)

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To: limtex who wrote (3238)12/30/1997 9:25:00 AM
From: Alejandro  Read Replies (1) of 12468
 
Ian:
We believe the stock is grossly undervalued. Those of us who follow it know that. We 'know' that because we have a clearer picture of the potential. Putting it another way, we have determined that WCII will have a piece of the telecom puzzle. The fact that we recognize the potential and put a value on the licenses, doesn't mean that the investment community should jump on WCII. I'm sure the investment community sees the potential. However, the use of the word 'potential ' means you haven't done it yet. I think the investment world is waiting to see WCII hit a couple homeruns first. Further, the whole telecom world is so disjointed and uncertain that the piece of the puzzle isn't clearly identifiable.
Look at the granddaddy of them all, AT&T. There are those who don't know what it is going to do and and how it will fit in the puzzle. If you read the T thread, you will see people who think it is cheap after this recent run. Others see it crashing down shortly. The opinions on T are 180 degrees apart and here you have a company with maybe billions in cash and a long history in telecom. They don't talk about the potential of T, they talk about what it will do and when. Therefore, until things shake-out and/or WCII hits a few homers, it will behave like the rest of telecom.

There is a reason for SNDK diving. Half of it's revs are or were from Asia. Also, at the same time, it had a secondary offering. I'll bet those people are HOT. I don't like those kind of tech stocks. I almost got into US Robitics and Zoom. I chickened out cause I knew I wouldn't sleep well.
ac
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