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Technology Stocks : CellularVision (CVUS): 2-way LMDS wireless cable. -- Ignore unavailable to you. Want to Upgrade?


To: DreamWeaver who wrote (1872)4/9/1998 8:39:00 AM
From: Steven Bowen  Read Replies (1) | Respond to of 2063
 
DreamWeaver,
WinStar eats Baby Bells for lunch. And probably Wheaties for breakfast. And munches on Jim Finks money every evening. (Although CVUS also snacked on quite a bit of that, so that must not be the secret.)

WinStar was a Health and Beauty company. The big difference between WCII and CVUS is that WinStar went out and brought in some of the best talent in the telecommunication world. The people building WinStar now built the likes of MCI from scratch to what they are now. So they've been there/done that.

I don't expect WinStar to have a decent correction for a long time. There are just too many people awakening to this wireless story, including fund managers who are not yet invested in WinStar to the extent that they should or will be. Buyers have been stepping up at any weakness. If you look at WinStars potential, with their wireless footprint, their growth rate, and the demand that's out there for their product, etc, there is no reason that WinStar won't be a $300 stock out 3 to 5 years or so.