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Technology Stocks : Winstar Comm. (WCII)

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To: DreamWeaver who wrote (8354)9/26/1998 12:54:00 PM
From: limtex  Read Replies (1) of 12468
 
DW - and SW

You don't have to start a rumour. There is no question that WCII is an acquisition target and is on a whole bunch of IB and corporate planners agendas every week. Actually more as the weeks and the technology and the markets progress.

Actually we have been very very lucky this week. I'd like to say not lucky but something we've all felt about WCII but that would be tempting fate.

Some of the telecom staocks have held up very well this week for example Deutsche Telekom is still over 50DM while the rest of Frankfurt took another nasty downward lurch on its way to join the Russians, the Thais, the Japanese and the Koreans. But Deutsche Telekom held its ground and that is also very good for us because they are amongst the main suspects in potential buyers so as song as their stock holds and WCII gets more customers things are good.

Someone is going to make a play for WCII sooner or later and later isn't past Dec 1999.

Its not rumour its just common sense. We are very lucky with WCII I don't know why the market hasn't given it a much stronger rating yet but they will. Coca Cola still has a P/E ratio of around 40 and it has declining revenues and earnings.

Regards,

L

L
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