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


To: limtex who wrote (7923)8/26/1998 12:53:00 PM
From: Edward Murphy  Read Replies (1) | Respond to of 12468
 
Limtex-

Jack Grubman came out with positive comments on the clecs this morning. Still views the sector as having tremendous potential. He sees TGNT and WCII as being prime takeover candidates due to their unique assets. His comments regarding the cost advantages of wireless over fiber, copper etc. make sense - now if someone would explain it to the money managers.....

If there is a silver lining in this cloud it maybe that the pride or hubris I've noticed in management during the past six months may be waning. Pride cometh before a fall and they sure had a bushelfull back in May and early June. Nothing like a nice slap upside the head to wake them up. Maybe now we can concentrate on being a telephone company and build out the network, connect customers to the net, etc, etc.

Ed