Winstar Communications Inc. Message Board

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Technology Stocks : Winstar Communications Inc.

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To: Joan Osland Graffius who wrote (36)	11/30/1995 8:39:00 AM
From: Vartan	of 97

Winstar is really starting to bug me. First, I hear of the very expensive convertible debt issue that they floated. The coupon rate is 14%. Then I hear of the lawsuit against the President. I also understand that Winstar, in its previous incarnation was a skiwear manufacturer. How they make the transition to making ski clothing to being a wireless Competitve access provider is beyond me. I have put WCII on my watch list. There is strong evident support at $13-$14. If that is broken, the next level is $10. That alarms me. I would really like to see some positive results. I really hate it when others are ahead of me in line with their hands outstretched. That apparently is the allegations against their chairman. I will wait in nervous anticipation for a resolution of this. Shivering in Canada, Vartan

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