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

To: silicon warrior who wrote (5154)	4/14/1998 11:01:00 AM
From: James Fink	Read Replies (2) \| Respond to of 12468

Dennis Patrick, former FCC Chairman and former CEO of Milliwave, has been filing Form 144's like there is no tomorrow. He currently has the rights to dump 1.3 million shares worth $52 million. 03/03/98 PATRICK DENNIS 100,000 shares 03/03/98 PATRICK FOUNDATION INC 38,500 ÿshares 03/03/98 DENNIS PATRICK 161,500 shares 01/29/98 PATRICK DENNIS 1 Million shares

To: silicon warrior who wrote (5154)	4/14/1998 11:25:00 AM
From: SteveG	Read Replies (1) \| Respond to of 12468

Jefferies - They are still somewhat niche - do some investment banking. They are in the process of transforming themselves though (as many no doubt seeing the potential premium of top IB), with a focus on telecom, energy (especially with dereg) and REITs. Their WCII FC comments are pretty weak (though a report is due sometime soon). Their salient FC bullet comment is that "WinStar is currently trading at a 54% discount to our estimated year-end 1998 asset value of $87 per share. The 52% upside to our $61 target price supports our BUY rating."