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Technology Stocks : Winstar Comm. (WCII)
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To: Steven Bowen who wrote (4148)3/3/1998 5:10:00 PM
From: Patrick O'Connor  Read Replies (1) of 12468
 
Here's a thought. As the excitement of the auctions built so did the price of WCII. With the auctions starting to slow in terms of new bids and price increases between rounds the hype is dissapating.
With less 30% elegibility left I think we will continue to see a winding down in price increases between rounds.
I still think the license valuation will effect WCII price when the auction is over.
WCII over CVUS in terms of city canyons. CVUS's plan allows for individual antennas to be placed on building windows. In other words they don't need to gather roof rights for each business, but they could still place antennas on roofs.
Don't underestimate others business plans or strategies. There is about to be a lot of competition.

Patrick
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