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Technology Stocks : Winstar Comm. (WCII)
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To: Steven Bowen who wrote (9677)12/17/1998 7:31:00 PM
From: Bernard Levy   of 12468
 
Hi Steve:

Thanks for the new conversion price. Even if the $400M
for 2% of Winstar's capacity represents a 100%
markup, this would still give WCII a $10B value,
which leaves significant room on the upside from here.
Actually, I think we are seeing a new WCOM in the
making with long-distance fiber, last mile wireless
access, and further on the horizon, a worldwide
footprint. If Winstar can pull it off, SW will
need to look no further for the DELL of the next
10 years.

Best regards,

Bernard Levy
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