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

To: Steven Bowen who wrote (10056)	1/19/1999 10:58:00 AM
From: Zorro	Read Replies (1) \| Respond to of 12468

Hi Steven, I must continue to disagree with your analysis. First, it is based on incorrect numbers. You can verify your numbers easily on the FCC website. The entire LMDS auction was a bust (for the FCC, obviously not for the winning bidders) because there just weren't enough bidding credits (not bidders) to support it. Do the math. It's simple. One might also speculate that WNP's real intent was never to build out its licenses, but rather to sell them for an early profit. In which case, why bid up any top market with so many others to choose from? This might also explain why WNP wasn't more aggressive in going after the spectrum that Winstar acquired from CVUS. <Could you tell me why a company totally on their own with a national asspiration like WNP had zero interest in LA, San Fransisco, Phoenix, Seattle, etc?> At least in LA, WNP won the B-block license. I would have to check who won the other markets... Z