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To: Salah Mohamed who wrote (3311)	1/8/1998 9:10:00 PM
From: TheSlowLane	Respond to of 12468

Salah - thanks for the link. It's a nice story. Operating in 30 markets by the end of 1998, a year ahead of schedule, and 40 markets by the end of 1999. If this is not a forward march, I don't know what is. They passed on the chance to buy Brooks Fiber, but what about Quest? I don't know anything about Quest except that they have a very large national fiber network. Sure would be nice for WinStar to connect all of those 23 switches (end of 98) together over their own network. After the action today, I'll be interested to see the reaction tomorrow to this story. Ric D, are you there? How are you likin this action? If anybody could look back now and say "I told you all so" it's Ric, but of course, he's too much of a gentleman to do that. Even though I got creamed elsewhere today, I have to say it wasn't all bad...not at all.

To: Salah Mohamed who wrote (3311)	1/8/1998 10:03:00 PM
From: Edward Murphy	Respond to of 12468

Very good news indeed. IMO acceleration of rollout will do more to enhance shareholder value than all the speculation and rhetoric we've heard until now. The licenses are still the major asset but no one seems to know how to value them. One thing for certain is that an asset that is being utilized and is income producing has more value than the same asset sitting idle. This increased market presence should also be viewed as a plus by a prospective acquiror as the consolidation goes on. Nice to see management concentrating on the business again. Ed