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


To: Bernard Levy who wrote (8454)10/5/1998 1:10:00 AM
From: DreamWeaver  Read Replies (1) | Respond to of 12468
 
Bernard:
This just posted over on the Drudge Report site (so far they are batting close to 1000%...

<< The NEW YORK TIMES is reporting in Monday editions that Japan's top financial officials told their American counterparts this weekend: their country's banking system is acutely short of capital, with the top 19 banks in deeper trouble than Tokyo has ever before admitted! "Capital supporting those 19 major banks has dwindled to dangerously low levels in recent months," according to the report set to hit the web at Midnight ET...>>

Should be interesting action on the open Monday, also I think the House Judicary Comm. is set to vote concerning the Clition probs tomorrow as well.
What do you feel about the impact of the recent Hedge fund problems?
FYI, If I'm heard Brinker right this weekend (between soccer game) he is still Mr. Bull and is looking for new highs this year.

Dream On,
DW



To: Bernard Levy who wrote (8454)10/5/1998 10:45:00 AM
From: dougjn  Read Replies (2) | Respond to of 12468
 
I think this company has some great market opportunities, and is well positioned.

My real question is, do they have the financial resources to survive without going back to the high yield markets for at least a year, perhaps 18 months? Because that window shows a very real chance of being closed for that long, seems to me.

Doug