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

To: Alejandro who wrote (7945)	8/26/1998 11:22:00 PM
From: Richard Dunaven	Read Replies (4) \| Respond to of 12468

To all: The June truth is finally upon us and SW can finally lay his suspicions to rest as being false. The Co was going to buy a major L.D Co and sell 3 bil of the assets of to BA. BTY was then going to but 2.5 bil of the stock at 65 as previously rumored but the COB nixed it in favor of the AT&T deal which then sent BA off to GTE. It woild have been a great party but it didn't work. What it does show is the value that this CO has and I firmly believe that many Co's are still looking at WCII as we speak. Now that many Co's have increased their market caps to multiples of last year they can now look at aquiring a WCII for 3-5 bil when when they are worth 50-100 bil and not piss of the shareholders. This CO is still for sell contrary to L's beliefs and is entertaining decent proposals that will increase shareholder value. I can't give you the timing but there will be a party somewhere south of the continent next year that we should all be able to attend. Steve B's advice is very good re jan 2000 35's but not if you are on margin below 50%. Better rerun the #'s . Downside is still possible to 24.5 on my charts but I doubt it will stay there. You could by insurance in puts but be ready to sell them quickly as news may be pending. Shorts are not the problem but margin calls are so you must try to live through them. The CLEC industry is down in general so protect the downside. It should turn soon, Hopefully! Hope this helps!! Ric D.

To: Alejandro who wrote (7945)	8/26/1998 11:41:00 PM
From: Steven Bowen	Read Replies (3) \| Respond to of 12468

"No Steve B, no Paul F, no Ric D. Pam is around smiling..." Hi Ali, I think part of the difference is many of us have been here, done that regarding the selling off of WinStar for no apparent reason. I'm sure you remember, it was barely over a year ago, and we were just coming out of a situation very similar to now, when we had fallen from over 30 to 9 3/4. There was no rhyme, no reason, no way to justify it, it just happened. And there was tremendous pain then as now, and plenty of bitching and moaning, and our then version of Jim and Jason. But we've also seen that we can turn on a dime, pull out of a downslide like this, and run from 9 3/4 to 48 in a year. So I think some of us have just come to except that moves like these come with the territory, that if you want to play exciting games like this, you take the bad with the good. After all, there's not one thing any of us can do here, so we just have to wait it out. But I will gaurantee you that we will pull out of this. And we will move on to all time highs. We just have to be patient and try to minimize the damage in the mean time. In the "for what it's worth" department, I had a nice long talk today with a WinStar shareholder who is also a WinStar customer in one of their "mature markets". His view from the street, which also includes many conversations with his sales rep and sales manager, is we are having a great quarter and on-net numbers appear to be taking off. He was told that 75% of current line installations are being put directly on-net. Once WinStar has the infrastructure in place in the major markets to pull off numbers like that, and at the same time totally bypass any dealing what-so-ever with the incumbant, the sky will be the limit for the stock. I think there is a minimal critical mass in regards to infrastructure we have to obtain to be really able to put up the numbers, and we may be nearing that point this quarter. If they can pull this quarter out of their hat, and early indications are they may, then we very possibly will be hitting those analysts numbers by year end. So try to keep focusing on the fundamentals, the execution, realize that the market is going to do what the market is going to do, and just try to hang in there. And just try to picture one year from today, when the stock may well be over 100. And don't forget, Grubman is getting paid $25 million or whatever to reiterate that WinStar will be over 60 by year end. If you get paid $25M, you better be right, right? PS to Joel. Thanks for your tidbit of news today. Could be important. Also, if you hear any news on your front regarding their execution and progress on Nates decree to get resold lines on-net, please let us know. We need news to focus on instead of the stock price. Thanks.