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

To: Alejandro who wrote (3699)	2/4/1998 10:44:00 AM
From: limtex	Read Replies (1) \| Respond to of 12468

Ali - There may be quite a few that also didn't make a profit. Corect me if i'm wrong - coming to mind immediately are AOL and McCall there are doubltless several others. I think the point I was trying to make was that the MCI acquisition might have looked good when they first thought about it but t he technology side of this industry is changing very quickly and big established companies aren't very good at moving quickly. Of course there are exceptions Disney to name but one. I'm talking in general these big ex government PTT companies had very nice monopolies and they thought that once they went to market that they would be abel to build on those nice old comfortable revenue streams and carry on with their customers paying lods and loads of $ per minute. Earning per minute is a very comfortable way of living. They thought their governments would protect them and indeed they would like to BUT there is always the unexpected especially with technology. Technology has a habit of evening out the playing field so that even governments can't protect their friends and little guys can come along and release people from having to over pay and in the process get very rich ....all very good for all of us. So as far as BT is concerned it may have started to dawn on them that if they were to put what they have made on MCI into WCII they would have a chance of at least getting to the table in the US market. There is no other MCI in the US and GTE or Sprint are probablt too complicated. BT doesn't want to be a trader in US communications stocks which it subsequently loses to the "big league" players. It wants to be a "big league" player and it can't unless it has a material position in the US. WCII represent a very good opportunity to get in across the country very quickly and to acquire a technology that can be deployed around the World.......but as I say I hope they (all potential acquirers) remain very cautious and don't buy just yet.