Winstar Comm. (WCII) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Winstar Comm. (WCII)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MangoBoy who wrote (10085)	1/20/1999 11:19:00 AM
From: SteveG	Read Replies (1) of 12468

Winstar -2: J.P. Morgan Sees '98 Loss Of $11.92/Shr >WCII NEW YORK (Dow Jones)--J.P. Morgan Securities Inc. initiated coverage of WinStar Communications Inc. (WCII) with a buy rating. In an research note, J.P. Morgan analyst David Barden said the company is one of three U.S. companies that "has the spectrum resources to exploit the benefits of a national wireless last-mile approach." He projected that WinStar will lose $11.92 a share for 1998 and lose $13.30 in 1999. Barden also set a 12-month share-price target of 60. WinStar shares were recently trading at 45 4/16, up 7/8, or 2%. ~~~~~~~~~~~~~~~~~~~~~~~ (and more initiations of coverage to come)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next