Winstar Comm. (WCII) Message Board

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Technology Stocks : Winstar Comm. (WCII)

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To: MangoBoy who wrote (5446)	4/25/1998 7:02:00 PM
From: Jason Cogan	Read Replies (2) of 12468

Mark: New Media probably does have it's own P&L and subsidiary books. But those numbers are consolidated into Winstar's numbers for reporting. And as I stated, New Media currently represents half of Winstar's revenues. Craig McCaw is an interesting point. It's questionable as to how rich he would have been if AT&T didn't come along to bail him out. It is true that McCaw sustained losses for a number of years, but never to the degree of financial indebtedness that Winstar is. I doubt if Craig McCaw's enterprises ever had a negative net worth. Regards, Jason Cogan

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