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Technology Stocks : Winstar Comm. (WCII)

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To: wrm1 who wrote (9914)1/7/1999 8:14:00 PM
From: Werner Goebel  Read Replies (1) of 12468
 
More news.....

FMR group holds 10.4 pct stake in WinStar
Reuters Story - January 07, 1999 19:34
WASHINGTON, Jan 7 (Reuters) - A group led by FMR Corp. said in a Securities and Exchange Commission filing Thursday it holds a 10.363 percent stake in telecommunications firm WinStar Communications Inc., or 4,299,200 common shares.

The group disclosed its latest position on WinStar in a 13G filing. FMR Corp is the parent to Fidelity Management & Research Co, investment adviser to Fidelity Funds.

Filings under 13G are usually made by institutions and large investors with "passive" investment objectives in a company. Unlike 13D filings, those reports do not list the latest transactions

Copyright 1999 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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