SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?


To: Brian Coakley who wrote (3485)1/20/1998 10:04:00 AM
From: Steven Bowen  Read Replies (2) | Respond to of 12468
 
Let's see, $2.25 per POP times 800M POP's divided by 33M outstanding. $55 per share minimum value JUST for the licenses.

Obviously not as straight forward as this. Still not sure how a channel of LMDS is defined. And bandwidth per person is a lot higher (about two times on average) with LMDS.

Have you thought much on this and how these minimums should value WinStar's licenses? (Well, obviously, knowing you, I know you have. What are your estimates?)

Steve