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


To: TheSlowLane who wrote (3142)12/13/1997 8:37:00 AM
From: Edward Murphy  Read Replies (1) | Respond to of 12468
 
Paul,

In last week's market downturn a reiteration of a buy by Hambrecht & Quist seems to have been lost. What was interesting to me was the analyst's opinion that WCII seemed "to be enjoying an extremely strong December quarter".

Based on discussions with vendors and customers they believe installed lines should be approximately 30,000 for the quarter (up 50% over last qtr.) with similar gains in line orders. On revenue front expecting 50% increase in wireless revenues and 20% increase in information services over last quarter. Estimate on revs for the quarter is 28.4 mil with revs increasing 10 to 11 mil a quarter for 1998 with 98 total at 220 mil.

We should have news from company on lines in early January. Company appears to be executing game plan and per H & Q's analyst "investors are only beginning to appreciate Winstar's value". Hope he's right. Time will tell.

Ed