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


To: TheSlowLane who wrote (12037)9/2/2000 2:22:49 PM
From: Bernard Levy  Read Replies (2) | Respond to of 12468
 
Hi Paul and SW:

There is an article in this week's Barron's on Lucent
and other telco vendor financing. The article highlights
quite unfavorably LU's loans to Winstar, mentioning that
WCII's junk bonds trade at 85 cents on the dollar and
have been falling. Lots of rethoric on CLECs, the failure
of GSTX ... Monday could be ugly, particularly as we are
just above the $26 support level.

Of course, this is Barron's we are talking about.

Best regards,

Bernard Levy