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

To: Pamela Murray who wrote (4929)	4/3/1998 5:52:00 PM
From: Steven Bowen	Read Replies (2) \| Respond to of 12468

OK, you can be queen swine. First you have to upset Jim so he'll appoint you as a member of the swine club. (Just threaten to report him to Jill, he hates that. :-)) Vogel currently has a $100 price tag on WinStar for a takeout price. He also says that by the end of 1999, WinStar's value based on number of buildings on net will be as great as TCGI's when the takeover by AT&T was announced. He states (in capital letters) "WE BELIEVE WINSTAR IS ON ITS WAY TO $11 BILLION IN VALUATION BY THE END OF 1999" (Rouhana says they'll be there by the end of this year.) Based on the current 33 million shares outstanding, that would be $333 per share. There's always talk of an impending buyout. Probably nothing eminent. WinStar has said they've talked to nearly every major player. Buyout is not the way they want to go, unless they get a deal they can't turn down (probably close to Vogels target now). What they want is a major partnership agreement with someone like an AT&T. Currently WinStar is sitting on about $1Billion cash, and it appears they are intent on being the acquirer rather than the acquiree for the time being. No matter what happens, just hold on, it'll be fun. Steve

To: Pamela Murray who wrote (4929)	4/3/1998 10:41:00 PM
From: James Fink	Read Replies (1) \| Respond to of 12468

Pamela, Stick with LSI Logic. It is a far superior company to WCII. Whereas WCII recently was downgraded, LSI was upgraded to "strong buy" just last Wednesday. See below: LSI Logic upgraded April 1, 1998 10:36 AM NEW YORK, April 1 (Reuters) - Gruntal & Co said on Wednesday it raised its rating on shares of LSI Logic Corp to strong buy from hold. -- Believes LSI is in early stages of a recovery that could accelerate strongly during the second half of 1998 and into 1999, firm said. -- "We believe the inventory adjustment is over for the communications market and LSI has started to experience strengthening order momentum driven by existing design and new wins," Gruntal said. -- Stock gains 1-1/8 to 26-3/8. ((Wall Street desk 212-859-1730)) REUTERS