Henry speaks tomorrow afternoon (big Al in morning). I'm in ARTT recently, playing it for the possibility of funding news this Q, but won't ride it back down much. Without funding soon, this stock'll feel pain.
WinStar update (in this less "therapeutic"/noisy environment)
At WCII's ML slot today, Charlie Dixon gave a great presentation (two back to back ones, actually) to a jam-packed, barely standing room crowd - definitely the best attended of the "simultaneous" sessions so far. One-on-ones purportedly also went very well.
On the recent selloff, Alliance is apparently done with their major unloading as a result of their portfolio manager change (the previous one now at Pimco), and I anticipate continuing new fund interest, especially as execution is proved out and on-nets continue to add significantly. May still be some secondary overhang. Still amazes me how many managers haven't grokked or even really heard the WCII story. Expect that to change.
Q1 books in a couple weeks and Millenium has been firing on all cylinders. And looks like the WMB revenue will be accounted for over the 25 year IRU (vs 4 years of income) - at least that's how it'll appear on Q4's 10Q, with the possibility that might still change in the future.
And Nacchio didn't specifically mention WinStar (as he did at Grubfest), but he continued to emphasize QWST's focus on (the growing telco mantra) broadband local access that he publicly "broke" in January at Scottsdale. Also, seems that after LU, WMB and NXLK, Ebbers (tomorrows dinner speaker) will be NEEDING to be take some hard looks at broadband local access. WCII needs local backhaul in it's non-MFNX markets. WCOM (and T) have it... should be an interesting year.
(..and for those who caught it before it was removed, how 'bout those "gauguin" teeth? viscious even if correct, more so if not. and did anyone decipher any Limtex, I mean WCII, thread relevance?) |
