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

To: Patrick O'Connor who wrote (4879)	4/1/1998 7:29:00 AM
From: James Fink	Read Replies (1) \| Respond to of 12468

For those swine among you (e.g., Paul Ferguson) who have insisted that WCII faces competition only from the RBOCs and not from other wireless providers such as WNP and CVUS, you have been proven wrong once again. WCII, in its own 10-K, admits that it faces "significant price competition" from WNP and CVUS. Eat Crow, you pigs. See below: "The Company currently also faces competition from other entities which offer, or are licensed to offer, 38 GHz services, such as AT&T (through its own licenses and its pending ownership of Teleport) and Advanced Radio Telecommunications, Inc. The Company also faces competition in certain aspects of its existing and proposed businesses from a number of competitors providing wireless services in other portions of the radio spectrum, such as CellularVision USA, a provider of wireless television services and wireless Internet access, which may in the future provide other local telecommunications services, and Teligent, Inc., a provider of wireless services utilizing spectrum in the 24 GHz band. In many instances, these service providers hold 38 GHz licenses or licenses for other frequencies (such as 2, 18, 24, 28, 31 and 47 GHz) in geographic areas which encompass or overlap the Company's market areas. Additionally, some of these entities may have greater spectrum resources or enjoy the substantial backing of, or include among their stockholders, major telecommunications entities. Due to the relative ease and speed of deployment of 38 GHz and some other wireless-based technologies, the Company could face significant price competition from these and other wireless-based service providers." ÿ