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

To: Steven Bowen who wrote (9908)	1/6/1999 9:40:00 AM
From: Mark Sherry	Read Replies (1) \| Respond to of 12468

At least we are all paying attention. :)

To: Steven Bowen who wrote (9908)	1/7/1999 6:12:00 PM
From: indy	Read Replies (1) \| Respond to of 12468

SB What is your take on the following from the Yahoo thread? Will this be perceived by investment community as good news or bad news? WINSTAR ANNOUNCES FILING OF REGISTRATION STATEMENT NEW YORK - JANUARY 7, 1999, WINSTAR COMMUNICATIONS, INC. (NASDAQ: WCII) today announced it filed a registration statement with the Securities and Exchange Commission in connection with a proposed public offering of 4,200,000 shares of its common stock. The offering will be managed by Salomon Smith Barney Inc. and Credit Suisse First Boston Corporation. There are no selling stockholders included in this registration. The net proceeds of the proposed offering will be used for the general development and growth of WinStar's operations, both domestically and abroad. WinStar provides business customers with broadband communications services, including local and long distance voice service, high-speed data transport, Internet access and other enhanced communications and information services. The registration statement filed with the Securities and Exchange Commission has not yet become effective. These securities covered by the registration statement may not be sold, nor may offers to buy such securities be accepted prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of any such state. Preliminary prospectuses, once they become available, may be obtained from Salomon Smith Barney Inc. at 388 Greenwich Street, New York, New York 10013 and Credit Suisse First Boston Corporation at Eleven Madison Avenue, New York, New York 10010. WinStar is a registered trademark of WinStar Communications, Inc.