Winstar Comm. (WCII) Message Board

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Technology Stocks : Winstar Comm. (WCII)

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To: Brian Coakley who wrote (740)	2/21/1997 11:14:00 PM
From: Steven Bowen	of 12468

Brian, I too have heard/seen the value of $3 per channel pop. I'm not sure but I think Winstar themselves used it during their most recent end of quarter teleconference. It seems they mentioned that that was what they paid for Milliwave and what they thought was a fair value for the licenses. Ross can probably tell you for sure. With Winstars 650,000,000 channel pops at $3 and 28,000,000 shares outstanding it works out to around $70 per share value. Lot of good thats doing us. Here's hoping that 13 will be our lucky number. Steve

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