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

To: Alfredo Nova who wrote (12138)	9/24/2000 7:51:15 AM
From: gruetz	Read Replies (3) \| Respond to of 12468

Alfredo: Thanks for the info. Any idea what the rating was changed from? I think there has been some bad blood between Morgan and Winstar for several years. Is there any way of knowing when this info was released to institutional customers? Did it first show up to retail customers on Friday?

To: Alfredo Nova who wrote (12138)	9/24/2000 7:54:53 AM
From: gruetz	Respond to of 12468

Hi Bernard: Do you find this Morgan Stanley report surprising? Why would MSDW have problems with their disclosure and nobody else does? Have you heard complaints about this before?

To: Alfredo Nova who wrote (12138)	9/24/2000 7:59:44 AM
From: gruetz	Read Replies (1) \| Respond to of 12468

Alfredo: If this MSDW report was issued on Friday, was it before or after the market close?