Winstar Comm. (WCII) Message Board

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Technology Stocks : Winstar Comm. (WCII)

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To: TheSlowLane who wrote (3631)	1/30/1998 10:07:00 PM
From: Steven Bowen	Read Replies (1) of 12468

"If you guys are worried now, you should have been around as we watched WCII drop from 20 to 10. Now there was something to give you ulcers." For some reason that is so funny I couldn't stop laughing for about three minutes. You can sure put things in perspective. It sure wasn't funny at the time. Mr. Patrick leaving doesn't bother me at all. I'm sure he got into these 38 GHz licenses as a purely speculative venture. That paid of big to the order of $100 million or so. I'm sure he got a seat on the board due to his past experience and as being such a large shareholder, but I don't think he ever had much to do with the companies planning or execution. I wouldn't blame him for cashing in. The only thing that would bother me would be if I found out he took a job working with Mandl. :-)

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