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

To: DubM who wrote (3323)	1/9/1998 12:50:00 AM
From: SteveG	Read Replies (1) \| Respond to of 12468

<..Teleport ATT deal values Teleport at something over 20 times REVENUE. If WCII were valued on this basis based on 4 th qtr. estimated revenue annualized, i think it would result in a value of around $58 per share...> That gets it closer. TCGI ttm revs are ~$430M, with a market cap of about ~$10B. If the take out value (depending on price of T) is the estimated $11.8B, this is a multiple of about 27 x ttm revs. WCII has ttm revs of ~$70M with a market cap of ~$825M. Applying a 27 multiple to revs gets a WCII market cap of ~$1.9. As you say, this would effectively double(+) the current WCII stock price. But what about this talk of valuation by a multiple of "gross plant". Anyone have a number for WCII's gross plant? And as has been clearly represented, this is just the start: ( Message 3128726 ) "..TCG to Become Core of AT&T's Local Services Unit.." "..TCG will become the foundation on which AT&T will build a new unit with accountability for the company's local services..."