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: Gary Kline who wrote (5540)	4/28/1998 10:34:00 AM
From: Pamela Murray	Read Replies (3) \| Respond to of 12468

Well, I took the weekend off. It took me hours to read through the posts since Fri. I can't say that I learned anything that I didn't know before. Regards, Pam

To: Gary Kline who wrote (5540)	4/28/1998 11:00:00 AM
From: James Fink	Read Replies (1) \| Respond to of 12468

<< is it not reasonable to purchase ARTT at current prices $14-15, given Winstar management thinks the shares are worth 17 3/8?>> No it is not reasonable. WinStar does NOT think that ARTT is worth $17 3/8. WinStar only thinks that ARTT is worth 0.454 WCII shares. WCII's share price is grossly overvalued. Assuming that WCII is actually worth only $22 per share, ARTT's true value is only $10 (22 * 0.454). ARTT is no bargain at the current price of $14-15.