"but it says management believes the offering price is a fair price for the stock--i.e., fully valued."
Either that, or this just happens to be where the stock price is when they decided they needed to start planning their next cash infusion.
Or maybe they know they have news up there sleeves to move the stock to 80 by the time of the offering :-)
On bairdson, I'm not clear on his game. However, as I posted, I do know of other cases in Boston where exactly the same things bairdson has been posting about occurred. So I do believe what he's saying is true, but I don't understand his agenda. It doesn't appear anymore just to get information about his problem.
BTW, FWIW, I've heard from someone who should know about the problems like bairdson is experiencing. He claims it is totally a function of the personnel manning the switch, and has nothing to do with the wireless technology. He also claims it is not just a problem in Boston, but network wide where ever WinStar is using their own switch. He further claims (do I sound like a lwayer?) that the problems started when WinStar turned the switch programming and manning over to Lucent. Apparently Lucent is stretched so thin, that they are turning WinStar's switches over to new people with as little as two weeks training. In some cases, WinStar has had to retake over their own switch to cure the problems. But in any case WinStar is aware of the dropped call problem and are working to rectify it. |
