Winstar Comm. (WCII) Message Board

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Technology Stocks : Winstar Comm. (WCII)

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To: wrm1 who wrote (6168)	5/15/1998 9:31:00 AM
From: Kingpin	Read Replies (1) of 12468

My thoughts are that there is room for a 3rd player in WLL. ART has a national print and it appears some decent financing on the way. Planed Commercial rollout is three months beyond Teligents (And quite a market cap discrepency). 275 Mil. pops and a market cap of 220 Mil. As a kicker it seems better than 50/50 that they get taken out by WCII. Feels like downside is 7 or so and upside 20-30. At 20 the market cap is about 400 Mil. This seems reasonable to me. I also liked the way the market reacted when the stock traded below 10, albeit briefly, yesterday. Unfortunately, I jumped in a bit soon, purchasing both the June 15 calls (ouch) and the August 12's. I bought a bunch of common around 10 yesterday and will add more on a retest of the lows . Seems like a decent spec. Sorry to ramble but my one year old has taken to trying out his new golf clubs on the family pet. Gotta go.

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