Winstar Comm. (WCII) Message Board

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Technology Stocks : Winstar Comm. (WCII)

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To: Steven Bowen who wrote (3265)	1/6/1998 11:21:00 AM
From: SteveG	Read Replies (2) of 12468

WCII in H&Q's Telecom Equipment Sector report from yesterday: ============ Winstar is expected to report on 1/25 at 1:00pm PDT Est. Revenues: $28.4MM Est. EPS: <$2.40> Rating: Buy WinStar's December quarter seems well on track to producing impressive results, in both quantitative and qualitative terms. We expect the company to beat our estimates of ($2.40) per share on $28.4 million revenues. Based on information from suppliers and customers, we are expecting WCII to announce impressive line growth stats. WinStar recently announced a definitive agreement to acquire the assets of MIDCOM Communications, a national long distance and frame relay service provider, for $92 million in cash. We believe the acquisition will accelerate WinStar's 1998 business plan by providing: improved network utilization, incremental revenues, expanded services, and additional customers. We believe that 1997 is the year that WinStar has focused on facilities, with considerable success, and that 1998 will be the year that the company focuses on revenues. ================= Steve

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