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


To: MangoBoy who wrote (8306)9/19/1998 9:04:00 PM
From: Alejandro  Read Replies (2) | Respond to of 12468
 
To all:
I am wondering where our collective thoughts are going. There seems to be a real feeling from some that an Oct drop is coming in the market and WCII, of course will take another hit. There is some hesitation on Jan 40's.

It seems to me that the posts indicate we have become really conservative. It's almost like some have lost focus on WCII potential and have become very defensive. There is nothing wrong with being prudent after you get burned. However, the recent drop has changed some perspectives.

Are we forgetting what WCII is doing ? Are we shell shocked ? The tone of many posts, but not all by a long shot, seem to be concerned as to where will will drop to and what defenses we should employ now.
Many of us agree that WCII is on course as planned. What are we worrying about ? We can't time nor move the market. The market going up and down does not change the WCII game plan. We all agree that WCII is sticking to it's game plan. Well, I'm not so sure anymore.

They left the game plan to buy a couple bankrupt basket cases. Good move.OK. They bought some ARTT which so far is a bad investment. I think it'll turn out OK for us when they finish crunching ARTT. Sorry, ya'll ARTT holders. It has been stated that WCII has enough money to build out into 99 or 2000 as scheduled. Now they buy 4 ISP's with cash and stock. None of these purchases were in the game plan. Do I agree with the various buys ? Sure. However, I have said more than one time my concern they would run out of money before positive earnings. How much will we pay to borrow money then ??

This building up company assets is only to be bought out. There isn't the time to swallow and digest these new ISP's and finance them. Do we know if they are positive EBITDA ? limtex, Bill R is going to sell this all before the $100 days come.

Does anybody agree with me ?

ac