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Technology Stocks : Broadband Wireless Access [WCII, NXLK, WCOM, satellite..] -- Ignore unavailable to you. Want to Upgrade?

To: silicon warrior who wrote (1276)	8/9/2000 8:23:39 PM
From: limtex	Respond to of 1860

SW - 1. This is Augsust and not only that but August prior to the option expiry day of 19th. That day may make a difference. In any even August is bad news usually. OK I didn't like all that shelf registration stuff about yet another round of borrowing but I just don't beleive BR will do that aogain... I don't think the market will react favourably to yet more borrowing. I hope they have enough cash left to get ot EBITDA positive and I hope I'm wrong about how much cash they went through in the last qtr. 2. BR has said that WCII will be EBITDA positive in the 1st half of next year. That should change things quite a bit. 3. What has changed? The company seems to be executing well. There is good demand for more and more bandwidth they are international and they have a MSFT deal and an ORCL deal. 4. Seems to me it has been a long and frustrating haul but if BR is right then there is some half year or so to go before a qtr in which the company will become EBITDA positive OK its still not quite here yet but it at least is now being talked about for only a few months away. This is a lousy bear market and has been for nealry five months now and it shows no sign of abating. If you think WCII hasn't held up how about SNDK which blew the numbers aweay and has $500m cash and is no better off than the day the earnings came out. I still think WCII has a great business and it will get to EBITDA positive next year. Whther the stock goes up or down in that time who knows but it ought to be much better on the cash positve announcement whenever that comes. Best regards, L

To: silicon warrior who wrote (1276)	8/10/2000 6:57:42 AM
From: TheSlowLane	Respond to of 1860

Kevin - Of course you have a right to express your opinion. I'm just amazed at how far it moves from one day to the next. Also, if you have really don't believe that you will ever get a decent return on these investments, then do yourself a favor and just take them out back and shoot them. The sooner you get rid of them, the sooner you can move on and find better ones - that's all. If it makes you feel any better, I just locked in some very severe losses on a handful of stocks. I don't feel like a moron for having owned them - but I do feel that I am just as capable of making mistakes as the next investor. WCII has been beaten down but not because the company has failed to execute. TGCC, on the other hand, has been beaten down because the management team has displayed a much greater capacity to mislead investors than to carry out a business plan. I believe that I will make money on WCII, I believe I will lose a great deal of money (for me) on TGCC. I am happy to thrash TGCC on that board all the time. Because they've earned it - and that point of view is almost (LOGIC being the sole exception) universally accepted. Not all stocks that are in the toilet belong there. Some will make it out of there, some won't. I wish I could tell the difference well in advance (like, before they even get to the toilet) but it's not always obvious. If Ray is right, then at worst these are dead money investments - but will not turn into massive losses. I have a hard time imagining the circumstances that would take WCII down to the single digits. If Bernard is right then patience and vigilence are the order of the day. Hopefully you are making money somewhere! Regards - pkf