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Technology Stocks : Winstar Comm. (WCII)
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To: Steven Bowen who wrote (3881)2/20/1998 12:12:00 AM
From: Steven Bowen  Read Replies (1) of 12468
 
After 3 rounds, WinStar has the highest bid in the auction, at least in terms of $ per population. They're still just bidding on the area in the NY BTA not covered by the CVUS license. Price so far is only $3.36 per population (not channel pop). To get our value of $2.00 per channel pop, we'll have to see at least $23.00 per pop. May eventually get there, but at the pace they seem to be moving now, it may be a year.
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