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Technology Stocks : Winstar Comm. (WCII)

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To: Steven Bowen who wrote (4907)4/2/1998 12:25:00 PM
From: SteveG  Read Replies (1) of 12468
 
<..The 7 WinStar wants to keep they sold to BNY for $42M, with some deal to lease them back from BNY...>

This is SMART, IMO. 5ESSs are SOA for circuit switching, but I'm glad they leave open their options to upgrade to data switching boxes.

<..So they paid $100M for 14 switches. Sold all 14 for $88M. And have a deal to lease the 7 they want...>

I don't get this either. They bought these at bankruptcy prices and STILL couldn't make a profit or breakeven on resale? 'Supwidat?!?

<..I'll take part of the credit for all your gains :-) (I don't want to hear it though if it moves down.)..>

Don't go backing out of this now!


<..50 more!!! Man, you're getting out of control...>

And those are just what you KNOW about. Somebody STOP me!

<..Now WinStar has to keep moving up or we'll have two crazies on our hands here...>

I REFUSE to get emotionally involved with a stock and resort to mindless cheerleading and bear-story denial.

WINSTAR $200!!! GO!!!
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