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

To: Kingpin who wrote (3745)	2/7/1998 9:12:00 AM
From: Steven Bowen	Read Replies (3) \| Respond to of 12468

Wow, Reagan is pretty opimistic, isn't he! Gives WinStar an outperform rating, and then a target that amounts to up 7.7%. And that's probably his 12 month to 18 month target. Must not be expecting much from the market if 7.7% is going to outperform. Actually, we've been hitting his targets within a couple weeks, so maybe that means 40 shortly. I agree with every one of his comments regarding the LMDS auction. We'll see two major pluses; a decent valuation of the licenses, plus the fact that no one will be able to accumulate a national footprint. That alone should raise the valuations of WCII, TGNT, and ARTT. Should be an exciting couple weeks, with the auction and the earnings both coming up. PS the bidders and their upfront deposits are now at the FCC page. WinStar only deposited $13M, so they aren't planning on bidding very extensively. PSS KingPin, thanks for the report. Another hint, if you want to paste tables, click the "Use Fixed Font" button on your reply screen. You can line up the columns in your reply screen and they won't change when submitted.