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Technology Stocks : Winstar Comm. (WCII)

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To: Edward Murphy who wrote (7981)8/28/1998 11:05:00 AM
From: SteveG  Read Replies (1) of 12468
 
Thanks for the update Ed. That's a better retrofit or "upgrade" number than I understood. As we discussed, the one-two punch of Rick (building rights) and George (hub installs) is now seriously ON TRACK. 110 hubs is the minimum they should have by YE, and likely closer to 125. And the deep sell should ramp our revs/margins up. In addition, they are extending efforts to more thoroughly educate analysts and managers - there will be an analyst conf Nov 17th.

In addition, with ARTT prices so low, I would expect some kind of discussions/activity on this front. I didn't sell yesterday when it hit my sell discipline because of the mass market dumping. And again today, even selling light volume, there are simply no buyers ahead of the weekend, so you take a major hit in sell price. INKT down ~11 so far on 200K. But ARTT at 3 5/8 looks ripe for the picking. That 14.9% (original) stake MAY have been a very smart move - as we may be able pick up the balance under 10.

WCII is down on small trading volumes. No buyers, but probably not a lot of sellers, so could be a chalenge to make money soesing unless you are FOFI.
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