Winstar Comm. (WCII) Message Board

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Technology Stocks : Winstar Comm. (WCII)

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To: Steven Bowen who wrote (733)	2/21/1997 12:03:00 PM
From: Patrick O'Connor	of 12468

We have got news. AT&T has announce agreements with brooks fiber to provide local service in 31 cities. But don't hit the sell button just yet. The 31 cities do not include some a lot of the major markets which Winstar is in. To me it is just one more piece of a puzzle that is beginning to fit together nicely for Winstar. It shows the major commitment that AT&T has made to becoming a local access provider. It also shows that they are taking care of business in this area right now. Look for future announcements in the near future. Even if AT&T doesn't use WCII there are plenty of others who will. So think hard before you sell. As shareholders we are entitled to fair valuation of our assets. If the current management can't provide us with that then we need to act as a group. We just paid $3.00 a pop for Milliwave and you can bet if we sold our licenses we can get at least that from one of the big boys. That would put us at $60 a share. Now may be the time to start exploring that option. Remember you don't sell real estate at a down time. You own a company in many ways similar to a real estate company...We have some great assets.

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