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

To: SteveG who wrote (4516)	3/17/1998 11:56:00 AM
From: silicon warrior	Respond to of 12468

thanks for the update, it's much appreciated---and happy Saint Pat's to you all

To: SteveG who wrote (4516)	3/17/1998 12:15:00 PM
From: Steven Bowen	Read Replies (2) \| Respond to of 12468

Damn Steve, you get interested in a company, you're really right on top of it, aren't you! I'm sure I can speak for several here and say I'm sure glad you found WinStar. Thanks for all your excellent information that most here would never hear about if not for you. And let us know when you find other companies you like (about) as much as WInStar. It's obvious you definitly do your DD.

To: SteveG who wrote (4516)	3/17/1998 12:32:00 PM
From: MangoBoy	Respond to of 12468

Grubman also issued an extremely bullish report on WCOM yesterday ---- NEW YORK, March 16 (Reuters) - Shares of telecommunications companies rose Monday after an influential Wall Street analyst rated WorldCom Inc a strong buy and said its shares would touch $60 in the next 12 months. WorldCom shares gained 2-8/16 to 41-13/16 on the report by Salomon Smith Barney analyst Jack Grubman. Until recently, Grubman had been restricted from commenting on WorldCom's stock because his firm acted as financial advisor to WorldCom in its $37 billion bid late last year to buy MCI Communications Corp. WorldCom's rise encouraged investors to bid up shares of other telecommunication companies, including Bell Atlantic Corp, AT&T Corp, Sprint Corp and MCI Communications Corp. Grubman said in his report WorldCom represents the only legitimate large-capitalization growth stock in the entire telecommunications universe. He said the combined WorldCom-MCI entity would have top-line growth of 17 percent a year over five years and five-year earnings-per-share growth of 32 percent. Grubman predicted the stock would rise to $60 a share in the next 12 months and $90 a share in the next 24 months. WorldCom's upside move may mean the company would have to issue fewer shares for the MCI deal -- meaning less earnings dilution. The number of WorldCom shares to be exchanged for each MCI share would be set by dividing $51 by the 20-day average of the high and low sale prices for WorldCom common stock prior to the deal's closing. The number would not be less than 1.2439 shares, if WorldCom's average stock price exceeded $41, or more than 1.7586 shares, if WorldCom's average stock price were less than $29.