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Technology Stocks : Winstar Comm. (WCII)
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To: limtex who wrote (8072)9/2/1998 2:39:00 AM
From: SteveG  Read Replies (1) of 12468
 
<..Does there really exist anywhere an absolute science of valuation...>

Sure. On the bookshelves next to the absolute sciences of sociology, economics and religion.

Ultimately, what the market agrees to value is subjective. But if you believe the writing on the comm wall, HBW is the near term future, and local loop HBW will be the major bottleneck.
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