Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Mazman who wrote (9653)	12/17/1998 5:09:00 PM
From: George Mc Geary	Read Replies (1) \| Respond to of 12468

ARTT owns a little WCII Stock and they were up 17% also. Still looking for that 42 level to be broken tomorrow and then off to the Moon (50 or better I hope)

To: Mazman who wrote (9653)	12/17/1998 6:00:00 PM
From: Mazman	Respond to of 12468

Good summary of Williams deal .. Winstar Chmn Sees 'Significant' Savings On Williams Deal Dow Jones Newswires / by Shawn Young NEW YORK (Dow Jones)--A deal between an upstart local phone company and a relatively new long-distance carrier will help both companies save money and offer a fuller range of services, executives at the companies said. WinStar Communications Inc. (WCII) and Williams Communications Inc., a unit of Williams Cos. (WMB), said Thursday they have agreed that Williams will pay $400 million for 2% of WinStar's local network and WinStar will pay $640 million for some of Williams' long-haul network. The arrangements will allow both companies to offer door-to-door services that include local and long-distance data, the executives said. Both companies serve business customers. They see the deal between them as enabling them to rival the range of services offered by MCI WorldCom Inc. (WCOM), the nation's second-largest long-distance carrier, which offers businesses a complete range of local and long-distance voice and data services over its own networks. "We've been able to replicate in the U.S. the kind of service that MCI offers," WinStar Chairman and Chief Executive William J. Rouhana told Dow Jones. He said WinStar now leases long-distance capacity from a variety of suppliers, including MCI WorldCom and Williams. Buying capacity from Williams will save the company a "significant" amount of money, Rouhana said. He did not provide estimates. Williams, for its part, will be able to offer local service to its wholesale clients as it puts valuable traffic on the long-distance network it is building, said Howard E. Janzen, president and chief executive of Williams Communications. "It is critical to us to load traffic onto the network in the early years," Janzen said. He also said Williams has faced a great challenge finding high-bandwidth local capacity. The ability to bring a fat pipe for phone and data right to a customer's desk is a valuable one, and Rouhana said it is very important that Williams has put a $400 million value on 2% of WinStar's capacity.