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


To: Steven Bowen who wrote (3875)2/19/1998 8:07:00 PM
From: Kingpin  Respond to of 12468
 
I actually bought ICIX at 63 and change. I should have put more into it though. I just put about 10 % of my portfolio in it. I was waiting for a pull back to double my position. Perhaps now that it has been upgraded it will pull back and let me buy more. It really is a pretty compelling story. These guys will be very large within a couple years.



To: Steven Bowen who wrote (3875)2/19/1998 8:20:00 PM
From: Kingpin  Read Replies (1) | Respond to of 12468
 
OK I can't take it anymore! What the hell is a channel pop? Aren't POPS the total population covered by a companies holdings? 875 million POPS ? There are only 250 or so million people in the country! Also, we are talking about businesses here anyway aren't we? So why do we even care about pops or channel pops ( whatever that is )? . Shouldn't we be talking about business pops? Or are we assuming that with 875 million channel pops there is now enough bandwidth for every man woman and child to open up 2 and a half small to medium size businesses?

I am clearly confused . Someone help!



To: Steven Bowen who wrote (3875)2/20/1998 12:53:00 PM
From: Edward Murphy  Read Replies (1) | Respond to of 12468
 
Steve,

Prior to the FCC putting a moratorium on 38ghz licenses Winstar, ARTT and others had submitted numerous applications for additional licenses. Company still has quite a few applications pending and does believe it (and others) will get additional spectrum, including more multi-channel licenses. The decision to grant the licenses as well as size and location are entirely up to the FCC. However, they need to do this prior to the upcoming auction for 38ghz which is tentatively planned for later this year. I can't speculate on what additional license news we will be getting but at least we should have some news in the coming months which, in all likelihood, will be positive.

Ed