Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?

To: DubM who wrote (11963)	6/1/2000 7:12:00 AM
From: TheSlowLane	Respond to of 12468

WINSTAR Awarded Eighth Government Contract Shares $60 Million Contract for Minneapolis/St. Paul NEW YORK--(BUSINESS WIRE)--June 1, 2000 --WINSTAR COMMUNICATIONS, INC. (NASDAQ: WCII - news) today announced that it has been awarded a Metropolitan Area Acquisition (MAA) award from the General Services Administration's (GSA) Federal Technology Service (FTS) for the cities and surrounding metropolitan area of Minneapolis and St. Paul, MN. Winstar and US West are the two awardees for this contract, which has a potential value of $60 million over eight years. Under the four-year contract, which includes four additional one-year options, Winstar will provide data and local switched voice services, as well as dedicated transmission services, to government users in Minneapolis and St. Paul, MN. The MAA contract also allows Winstar the opportunity to offer new technologies and services as they become commercially available, which ensures that government users can exploit the same technology enhancements and cost savings as the private sector. Eligible users include federal agencies, federal contractors and certain federally supported universities and laboratories, among others. Minneapolis/St. Paul becomes the eighth federal contract awarded to Winstar under the MAA program. In the past three months, Winstar has secured MAA contracts to serve the Cincinnati, OH; Los Angeles, CA; Baltimore, MD; Atlanta, GA; Miami, FL; St. Louis, MO and Indianapolis, IN, metropolitan areas. The combined potential value of the eight awards is more than $1.7 billion over the eight-year span of the program. All previous awards had been made to incumbent local exchange carriers or AT&T. ``These MAA program wins testify to our ability to provision large customers,'' said Bob McGuire, president of Winstar's Large Accounts Solutions group. ``They not only establish us as a premier provider of broadband services in the government marketplace, but also show that Winstar can deliver broadband services to any large organization with a national or international scope via Winstar's widely available broadband network.''

To: DubM who wrote (11963)	6/1/2000 10:08:00 AM
From: Alejandro	Read Replies (1) \| Respond to of 12468

snip <but with a current market cap of less than half of WinStar's I am thinking it may be a buy at this price.> Dub.......not so sure it is worth the price. Depends how you look at it. WCII ...TGNT revs 520.30 .....52.80 shares 89.30 .....59.40 cash 857.30 .....285.90 mkt cap 2530.00 .....1170.00 price to sales 4.86 .....22.16 price 28.33 .....19.70 sales per share 5.83 .......89 cash per share 9.60 ......4.81 The sales per share is interesting. About 15 % of WCII. Look at the price to sales ratio. Ali