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


To: Steven Bowen who wrote (3385)1/14/1998 12:04:00 AM
From: SteveG  Respond to of 12468
 
<..I can think of no other place or no other stock that looks better than WinStar for at least the next year..>

I agree... (at least not without assuming more risk which WCII itself is not devoid of).

<..Still pulling for 35 this week...>

It'd be nice, and after INTC we may see that. But I'm guessing a week close around 33.

<45 in April>

Why not?

<60 by year end>

If they continue making the kind of ahead of schedule progress they have been, then Grubman's CONSERVATIVE estimate of $71 in 12-18 months may get bumped up. I'm thinking around $80 by year end - if there isn't a buyout offer made (which I suspect there may be) that could bump it higher.

<200 in 5 years>

I personally can't see that far ("trader's vision"). If it got to 100 in, say 18 months (surprisingly surviving buyout offers), a double over the remaining 3 1/2 years is a little better than 20%. That may not then be the best return available at that time.

But I definitely like it for a LONG haul for me - the next 6 to 12 months.

Steve