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Technology Stocks : Winstar Comm. (WCII)
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To: DreamWeaver who wrote (9158)11/6/1998 12:27:00 AM
From: Steven Bowen  Read Replies (1) of 12468
 
DW,
"And why dispose of res. Long distance?"
That was a decission made a couple years ago when they decided to become a CLEC and focus, for the time being, on small -mid size businesses. They haven't been putting any focus on it, and it's slowly been dwindling. (PS it's OK to get rid of it, they always got us into trouble by slamming customers:-))

"I sell assets of “Global Products” which might be of use (or not) to realize the overall global strategy?"
Global products was their prior business, which was stuff like hair brushes.

G-B will have to explain the write offs. They must have been carrying them on the books for more than what they can sell them for???
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