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


To: Techplayer who wrote (12096)9/13/2000 1:18:10 AM
From: Bernard Levy  Read Replies (1) | Respond to of 12468
 
tp:

Re WCG, what you are missing is that they are finding very
difficult to raise junk bond money. So, they sold a good
chunk of their stock portfolio in emerging optical
companies such as SCMR, ONIS and CORV. They are scraping
for all the loose change they can find. And, because
of the backing of WMB, WCG is actually one of the
most solid companies around.

Bernard Levy