Winstar Comm. (WCII) Message Board

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Technology Stocks : Winstar Comm. (WCII)

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To: SteveG who wrote (9747)	12/21/1998 4:27:00 AM
From: SteveG	Read Replies (2) of 12468

(hardly worth the effort to write or post) Legg Mason (Zito-Wilson) (I don't think either attended - nor did Comfort) WINSTAR COMMUNICATIONS (WCII) • Raising target to $45 from $35 due to a ramped up deployment effort and increased management focus concern namely, the use of resale and the performance of provisioning systems. • Expanding market roll-out: • Domestic:45 markets, up from 40 in 1999 and 60 markets by year-end 2000 • International: 6 markets by year-end 1999 with 50 completed by the end of 2OOl • Reached capacity swap agreement with Williams: • WinStar pays Williams $640 million over seven years for 60,000 fiber route miles • Williams pays WinStar S4OO million over four years for 2% ofWinStar wireless-local-loop capacity • Launched point-to-multipoint service in New York and Washington D.C.. • Announced decision to curtail resale activity in favor of more focused sales approach geared toward on-net sales. Ta connection provided insight on some encouraging results on Project Millenium.

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