SI
SI
discoversearch

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: MangoBoy who wrote (5446)4/25/1998 7:02:00 PM
From: Jason Cogan  Read Replies (2) | Respond to of 12468
 
Mark:

New Media probably does have it's own P&L and subsidiary books. But those numbers are consolidated into Winstar's numbers for reporting. And as I stated, New Media currently represents half of Winstar's revenues.

Craig McCaw is an interesting point. It's questionable as to how rich he would have been if AT&T didn't come along to bail him out. It is true that McCaw sustained losses for a number of years, but never to the degree of financial indebtedness that Winstar is. I doubt if Craig McCaw's enterprises ever had a negative net worth.

Regards,

Jason Cogan