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Technology Stocks : Winstar Comm. (WCII)
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To: silicon warrior who wrote (7971)8/27/1998 2:00:00 PM
From: limtex  Read Replies (1) of 12468
 
SW, SteveG and All -

I thought I would just share with everyone that I feel much better today. Seriously I do.

I think the sell off both here and in Europe has gone way too far and I suppose it was always oing to over shoot down just as it overshoots up. There is some great value out there that is independent of anywhere outside the US.

Take one such for instance WCII. looked at today WCII looks very good ofr all sorts of reasons not the least of which is that Deutsche Telekom has suddenly woken up to that fact that is going to have to do very much better to keep analysts happy in future and that means it is going to have to get even more active on acquisitions. And further more those acquisitions better not be in some clapped out emerging market so what better palce to buy something than in the US. And what better part of the business o be in than WLL?

Telecom has been in a bit of a depression for August except for the flurry over T/BTY. But the essential facts are that this industry is going to carry on growing traffic and consolidating companies for the next three years at least as well as adapting the whole country to all sorts of new services. These are big money making opportunities for all converned especially the investment bankers who will and probably are right now working on a whole series of transaction for the autumn. Even pain in the a.. innocent bystander investors like us can make something in these deals!!!

So ...I feel better.

Regards,

l
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