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


To: Get Savvy who wrote (3510)1/22/1998 2:54:00 PM
From: Steven Bowen  Read Replies (1) | Respond to of 12468
 
GS, it is looking very unlikely that AT&T will mention WinStar (that is why I put my little smiley face at the end of my statement, as if I was saying it tongue in cheek). I've been hoping that AT&T would announce that part of their strategy for the local markets would be to sign MSA's with WinStar. WinStar's options and stock price aren't saying that that will happen (although the stock is holding remarkably well onto it's gains in a rough market). AT&T will have to address the local market Monday, and no matter what they say, it will be interesting. And they could say a lot that will boost WinStar's stock without specifically mentioning WinStar.

The market is really expecting good things from AT&T. That stock is just unstoppable. Even with the DOW down big, T has been up about a point and broke above 66 to an all time high.