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

To: wrm1 who wrote (10010)	1/14/1999 3:47:00 PM
From: Bernard Levy	Respond to of 12468

Hi wrml: Yes, but at the right price. A quick check indicates that NXLK and NXTL have a joint venture called INTERNEXT which contributed $800M to Level 3 in construction costs in exchange for 24 strands of fiber connecting 50 major US cities. With today's news, I have got to say that WCII will have its hands full, and NXLK is a much stronger company than TGNT. Clearly, WCII and TGNT are ahead in deployment, but NXLK has probably switches installed in several cities, and will be able to ramp up very quickly off of its existing fiber-based infrastructure. Another interesting question raised by today's news: if WNP's spectrum was worth $600M, what was the value of the free spectrum TGNT received from the FCC? Best regards, Bernard Levy