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

To: Alejandro who wrote (11965)	6/6/2000 7:00:00 PM
From: DubM	Read Replies (1) \| Respond to of 12468

Ali, Thanks for the info. News article of interest: WinStar Ready to Join Cable, Phone Company to Reach Consumers New York, June 6 (Bloomberg) -- WinStar Communications Inc., which uses wireless links to provide phone and data service to businesses, would team with a company such as Cablevision Systems Corp. to reach consumers, Chief Executive William Rouhana said. The company would also be receptive to a partnership with America Online Inc., after it acquires Time Warner Inc., or AT&T Corp., Rouhana said. Also, he said a weak stock market has prompted reconsideration of a public sale of stock in the company's Office.com service, which provides Internet access to small and medium-sized businesses. In March, he said the company was considering such a sale. Establishing WinStar's own consumer marketing and service operation is more expensive than gaining such capabilities in a partnership. Companies such as AT&T are investing heavily to establish connections directly to consumers for Internet, phone and other services. WinStar could help a partner extend the reach of its network. New York-based WinStar fell 3/16 to 34 in Nasdaq Stock Market trading yesterday. Rouhana said that since predicting $700 million in revenue for the year, the company has won additional contracts from government and large businesses. In an interview with Bloomberg News at a Deutsche Banc Alex. Brown conference in New York, he said that the current sales target is ``achievable.'' Jun/06/2000 8:09 ET