To: Mazman who wrote (832 ) 11/1/1999 7:37:00 AM From: SteveG Read Replies (1) | Respond to of 1860
one day before earnings, this does NOT look good: "Winstar Announces Appointment of Richard J. Uhl as Group Executive and Chief Financial Officer"biz.yahoo.com NEW YORK--(BUSINESS WIRE)--Nov. 1, 1999--WINSTAR COMMUNICATIONS, INC. (NASDAQ: WCII - news) today announced the appointment of Richard J. Uhl as group executive and chief financial officer. In this position, he will be responsible for all financial and corporate administrative support functions. Since 1997, Uhl has served as president and chief operating officer of Winstar for Buildings, where he has been responsible for securing access rights to commercial buildings, enabling the company to offer its fixed wireless broadband communications services to existing and future tenants. He will continue to carry this responsibility. ''Rick Uhl's financial expertise, managerial skill, and investment community experience made him the perfect candidate for this critically important position,'' said Nathan Kantor, Winstar's president and chief operating officer. ''Over the past two years, he has been an integral part of making Winstar the industry leader.'' Before joining Winstar in 1997, Uhl was a member of the Board of Directors of Frontier Corporation, a position he assumed when ALC Communications Corporation merged with Frontier in 1995. He had previously served on ALC's Board for four years. Earlier, he was vice president, controller and treasurer of MCI Communications Corporation for six years during its critical development stage. Uhl served as president and board member of Chicago Holdings, Inc., a privately-owned investment banking firm, for 12 years. During that time, he had extensive experience with the financial community and was instrumental in the founding and developing of many early-stage companies, including a number of telecommunications firms. Uhl holds a Master's degree from the New York University Graduate School of Business Administration as well as Bachelor of Science and Bachelor of Arts degrees from Muhlenberg College. Uhl succeeds Charlie Dickson, who is leaving Winstar to pursue a new opportunity with a start-up Internet company. Winstar Communications, Inc. (www.Winstar.com) helps companies around the globe engage in frictionless business through the use of seamless communications and technology. Winstar provides its customers with a complete set of high-quality, digital-age broadband communications services--including high-speed Internet and data, Web-based information and local and long distance services. Winstar offers these services in more than 70 markets throughout the U.S. and in Europe, Asia and South America. It is the largest holder of broadband fixed wireless spectrum , with licenses in the top 60 U.S. markets and in ten international markets. Winstar's broadband fixed wireless capabilities complement and extend the reach of its extensive fiber network. The company's long-haul fiber network--which supports IP (Internet Protocol), ATM (Asynchronous Transfer Mode) and frame relay--will extend more than 16,000 route miles and cover all of the top 60 U.S. markets. Winstar's intracity fiber network will extend nearly 6,000 route miles in over 60 major domestic and international markets. Winstar's Tier 1 Internet backbone and enhanced Web service offerings, including Web hosting and design, make Winstar one of the largest Internet companies in the U.S. The company's innovative applications enable businesses to take advantage of the new Internet economy. Recently, the company launched Office.comSM (www.office.com), a premier Internet destination site designed to bring the best of the business Web to the desktop. Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, which are described in Winstar's SEC reports, including the 10-K for the period ended December 31, 1998, and the 10-Q for the period ended June 30, 1999. Winstar is a registered trademark, and Wireless Fiber and Office.com are service marks of Winstar Communications, Inc.