SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Winstar Comm. (WCII)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JMD who wrote (7621)8/7/1998 10:34:00 PM
From: Steven Bowen  Read Replies (3) of 12468
 
Hi Mike,

"I can hardly think of anything more relevant to WCII's bottom line."
I agree. With the margins they'll make as a reseller, they'll never show a profit. I think this is the reason for the large short position and the price weakness: they're still looked on as just a reseller, and the info they've given us doesn't do much good to disprove that.

"BUT, it may be that there not enough info available to reach a 'valid' conclusion."

Agree 100%. That's why I was hoping for enough info to answer the question. What we got just bothered me more. That's why I posted the question here, hoping to stir up a good debate. I'll try and get the answer out of the company if anybody will give it to me.

"it would have seemed a sure bet that WCII would join the club."
I would have bet good money on a Friday afternoon that WinStar would have sold off to at least 29 1/2. Would have lost my money, but what do I know, I've lost a ton betting on WinStar lately.

Steve
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext