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Technology Stocks : Winstar Comm. (WCII)

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To: TheSlowLane who wrote (3958)2/24/1998 5:33:00 PM
From: Steven Bowen  Read Replies (2) of 12468
 
Paul
"their 4Q97 revenues were more than double 1996 revs (entire year). Is that the case?"

Glad you mentioned that. I was gonna ask something about that and forgot;
"WINSTAR COMMUNICATIONS, INC. (NASDAQ - WCII) today reported fourth quarter 1997 revenues of $30.0 million, 49% greater than third quarter revenues of $20.2 million and more than double 1996 revenues of $13.2 million."
The 1996 4Q report that I have reported 4th quarter revenue of $20.1M and annual revs of $68M. Does anybody understand where the "more than double 1996 revenues of $13.2 million" comes from?

And quit the lurking. Your thoughts and point of view are always respected and appreciated.
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