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Technology Stocks : Winstar Comm. (WCII)
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To: Cmdr Bob who wrote (4683)3/25/1998 8:20:00 PM
From: Kingpin  Read Replies (1) of 12468
 
Much, much higher. As long as they continue to execute and valuations in the telecom industry continue to grow, Winstar can easily achieve a market cap of 5 billion by mid 99. That would imply a stock price of about $100.

The one stat that sticks In my mind is that there is a 57B market up for grabs here. WCII has a huge time to market advantage. I see no reason why they cannot grab 10% of this market before any real competition shows up.

The most important thing now is that they continue to meet expectations of installed lines and get a good portion on net.

IMO, $65 by year end. $100 in 99.

I just hope James covers before then.
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