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Technology Stocks : Winstar Comm. (WCII)
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To: Jason Cogan who wrote (8616)10/8/1998 8:40:00 PM
From: Alejandro  Read Replies (2) of 12468
 
Hello Jason:
We have discussed this before and you have never responded.

.<< At what price will you grasp that the market does not like Winstar's negative book value, and is equally uncomfortable with Winstar's financing prospects going forward?>>

There is no way to start a company and have positive earnings from the start. You have been told to check any number of big companies who lost money at the start. I feel like saying Duh, but you are smarter than that. Tell me why WCII should have positive earnings and book value as a startup.

Now, uncomfortable with Winstar's financing ? I can understand investors worrying about that because most don't study what they buy. As someone said, there are those who spend hours trying to determine the best dishwasher in the world, but will buy a stock because somebody said it was hot.

Your response to SteveB:
He said
<<And I don't believe in the bear arguements.>>
Your response--
<<<You apparently are the only one.>>>

You then went into your negative book value stuff. It doesn't apply to WCII at this time no more than negative earnings. Shoot Jason, you know better than that. What do you use as a benchmark ? Even Warren Buffet buys companies with one of your negatives. However, his are cash cows which I believe WCII will be.

ac
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