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Jason: The market purports to be forecasting the prospects of equities in the medium term future. t theoretically says that american companies will be negatively impacted by russia, asia, etc. Then, since the medium-short term futurer is less rosy, it says value must decrease. Unfortunately, as you well know, the markets are not rational. In this instance, the short, near and medium term prospects for winstar are much better, not worse, than at present. We are not subject to russian or asian turmoil, are executing well and have growth at huge levels due to rollout. Margin improvement is there with increased on net customers, and as we see in todays announcement, PMP is proceeding, which will greatly increase margins and network capacity. So, winstar's prospects for the future---what investment is really all about, are significantly better than the average equity. We have been caught in an overall downdraft. None of us knows how deep or long. But when people stop irrational selling and reassess individual prospects, we should do nicely among less risk-averse investors. Point is---we should do better than most because our prospects are better. Irrational to take money fromus and park it with,,eg, KO. |
