Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Steven Bowen who wrote (4930)	4/3/1998 6:18:00 PM
From: James Fink	Read Replies (2) \| Respond to of 12468

<<OK, you can be queen swine>> Sorry, Steve, but that position is already taken -- by you (wife of SteveG). <<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.>> Welcome to the thread, Pamela. Two pieces of advice for you: (1) Don't piss me off; (2) Beware my wrath if you do. <<Based on the current 33 million shares outstanding, that would be $333 per share.>> Pure fantasy! Vogel recently downgraded WinStar because he believes that WinStar is fully valued at $42. If you believe Bowen's lie, I have a bridge in Brooklyn to sell you. <<There's always talk of an impending buyout. Probably nothing eminent.>> Wishful thinking by WinStar supporters. The only talk of buyout is instigated by WinStar itself, hopeful that some chump will bail it out from under its mountain of crushing debt. No major player wants or needs to buy WinStar. <<Currently WinStar is sitting on about $1Billion cash>> Boy, is this misleading! Come on Steven, tell her the truth. This money is ALL DEBT which WinStar has incurred at exorbitant interest rates and which must be paid back before WinStar will ever see a penny of profit.

To: Steven Bowen who wrote (4930)	4/3/1998 10:25:00 PM
From: Alejandro	Read Replies (1) \| Respond to of 12468

Pamela: WCII is going up. No question about it. It is a matter of when and at what price. I know the company is fulfilling what it said it would do. Matter of fact, they are doing it faster. There are a number of players in the industry who could use WCII. WCII is playing poker with them. WCII has increased it's cash by getting assets and money at favourable terms. As was mentioned, the last offering was oversubscibed. Let me take you back maybe three years to WCII's first attempt to get financing. They had nothing but hairbrushes and some 38 Ghz licenses they took as settlement on some deal. The first money they got was offered without collateral. That blew my mind. I think it was Bank of Boston. As far as you dumping LSI for WCII ? I would look at your rate of return on LSI and what portion of your portfolio it represents. Keep a reasonable diversification. Jim Fink ? He is not stupid. He plays here. He will take the most minor specific and make it a generalization. He also will quote some portion of something and present it as the whole story. He also will find something published and cut and paste like he said it. Although he does what I just said, he at least is civil about it now. Guess we rubbed off on him. Darn, there goes my pre-requisite to the swine club. ac