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

To: wrm1 who wrote (9548)	12/13/1998 7:49:00 PM
From: Bernard Levy	Read Replies (1) \| Respond to of 12468

To the thread: Fred Dawson wrote an interesting article in this week's issue of Broadband News: multichannel.com The two highlights are: a) WNP will probably sell its spectrum to bigger players (RBOCs etc...) This could be bad news for Winstar, but remember that the FCC has a 3 year rule before the RBOCS can buy the LMDS spectrum in their operation area. However no such rule exists for out of area LMDS licenses. b) Webcel is trying to get a court injunction against the FCC transfer of the Teligent spectrum from 18GHz to 24GHz. We might see some light cast at last on the FCC's shenanigans. The only thing that makes me angry is that Winstar is always mentioned after Teligent in all these news stories. Fred Dawson should know better. Best regards, Bernard Levy PS: with respect to Steve Chrust's insider selling, doesn't he have a new venture for which he might need cash? In any case, I would advocate a no vote next time he is up for reelection to Winstar's board of directors. I do not feel the same way about Nate Kantor, since his sales follow a regular schedule and are obviously part of a financial plan.