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To: Susan Saline who wrote (15318)	7/16/1998 9:23:00 AM
From: Johnathan C. Doe	Respond to of 53068

WinStar Reports Line Orders and Installations for 1998 Second Quarter; Line Orders Exceeded 75,000; Line Installations Reached 50,000 BusinessWire, Wednesday, July 15, 1998 at 06:26 NEW YORK--(BUSINESS WIRE)--July 15, 1998--WINSTAR COMMUNICATIONS, INC. (NASDAQ-WCII) reported today that continued demand for its competitive local exchange carrier (CLEC) services led to further gains in line orders and installations during the second quarter ended June 30, 1998. Line orders for the period exceeded 75,000, an increase of over 30% from the first quarter of 1998. Line installations rose to 50,000 during the second quarter, representing approximately 20% sequential growth over the first quarter of 1998. Nathan Kantor, WinStar's President and Chief Operating Officer, said today, "WinStar's cumulative lines installed have risen to over 195,000 from just 30,000 a year ago, thus providing further evidence of the demand for our services. In addition, we are pleased that, for the first time in a quarterly period, we acquired in excess of 500 roof rights. This achievement reflects the initial success of our focus on REITs, national and other large portfolios of commercial buildings as we extend WinStar's reach to more customer buildings." WinStar Communications, Inc. is a national local communications company, serving business customers, long distance carriers, fiber-based competitive access providers, mobile communications companies, local telephone companies, and other customers with broadband local communications needs. The company provides its Wireless Fiber(SM) services using its licenses in the 28 and 38 GHz spectrum. The company also provides long distance, Internet, data and information services.

To: Susan Saline who wrote (15318)	7/16/1998 9:27:00 AM
From: Johnathan C. Doe	Read Replies (1) \| Respond to of 53068

Check Point Software Tech (CHKPF) 31 1/4 -1 3/4: developer of enterprise security software products reports Q2 earnings of $0.43 a share, 7 cents above the First Call mean and up sharply from yr-ago net of $0.20... Sure am glad I already own this one!!!!!