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Technology Stocks : Winstar Comm. (WCII)

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To: Steven Bowen who wrote (8292)9/17/1998 10:38:00 PM
From: Edward Murphy  Read Replies (1) of 12468
 
Hi Steve,

Some good news and some bad. I spoke to the company the other day and IR tells me that the backlog of lines to be installed is dropping as provisioning rates pick up and now stands at about 30,000. This should help with the numbers we will get in about three weeks. Hub installations are proceeding and we will have over 100 by year end.

Bad news is I leave early tomorrow on a fishing excursion, hope you went short at the close today.

For one, I appreciate Jason's opinions even though I disagree with him on many issues. I need to hear some opposing views so I can rethink my position on a regular basis. Jason is not alone - many people look at a company with no earnings and think those who invest in it are nuts. In my case they are occasionally correct.

Try to keep this in double digits for a few days til I get back. Don't like the look and feel of this market although on a relative basis WCII was a shining star today.

Ed
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