Winstar Comm. (WCII) Message Board

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Technology Stocks : Winstar Comm. (WCII)

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To: Steven Bowen who wrote (4930)	4/3/1998 6:18:00 PM
From: James Fink	Read Replies (2) of 12468

<<OK, you can be queen swine>> Sorry, Steve, but that position is already taken -- by you (wife of SteveG). <<First you have to upset Jim so he'll appoint you as a member of the swine club. (Just threaten to report him to Jill, he hates that.>> Welcome to the thread, Pamela. Two pieces of advice for you: (1) Don't piss me off; (2) Beware my wrath if you do. <<Based on the current 33 million shares outstanding, that would be $333 per share.>> Pure fantasy! Vogel recently downgraded WinStar because he believes that WinStar is fully valued at $42. If you believe Bowen's lie, I have a bridge in Brooklyn to sell you. <<There's always talk of an impending buyout. Probably nothing eminent.>> Wishful thinking by WinStar supporters. The only talk of buyout is instigated by WinStar itself, hopeful that some chump will bail it out from under its mountain of crushing debt. No major player wants or needs to buy WinStar. <<Currently WinStar is sitting on about $1Billion cash>> Boy, is this misleading! Come on Steven, tell her the truth. This money is ALL DEBT which WinStar has incurred at exorbitant interest rates and which must be paid back before WinStar will ever see a penny of profit.

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