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Technology Stocks : Winstar Comm. (WCII)
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To: Steven Bowen who wrote (4930)4/3/1998 10:25:00 PM
From: Alejandro  Read Replies (1) of 12468
 
Pamela:
WCII is going up. No question about it. It is a matter of when and at what price. I know the company is fulfilling what it said it would do. Matter of fact, they are doing it faster. There are a number of players in the industry who could use WCII. WCII is playing poker with them. WCII has increased it's cash by getting assets and money at favourable terms. As was mentioned, the last offering was oversubscibed.

Let me take you back maybe three years to WCII's first attempt to get financing. They had nothing but hairbrushes and some 38 Ghz licenses they took as settlement on some deal. The first money they got was offered without collateral. That blew my mind. I think it was Bank of Boston.

As far as you dumping LSI for WCII ? I would look at your rate of return on LSI and what portion of your portfolio it represents. Keep a reasonable diversification.

Jim Fink ? He is not stupid. He plays here. He will take the most minor specific and make it a generalization. He also will quote some portion of something and present it as the whole story. He also will find something published and cut and paste like he said it. Although he does what I just said, he at least is civil about it now. Guess we rubbed off on him. Darn, there goes my pre-requisite to the swine club.

ac

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