SI
SI
discoversearch

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: Alejandro who wrote (10251)2/9/1999 9:40:00 AM
From: Edward Murphy  Read Replies (1) | Respond to of 12468
 
Ali-

The smaller float in TGNT is definitely a factor. That coupled with the press Alex M. has been able generate has also contributed to the disparity. Alex has taken many liberties with the facts ala Clinton, but the press has failed to call him on it. I believe Merrill came out with notes last week indicating that TGNT would have revenues of 325k for the 4th qtr up from 250k for third qtr. TGNT is pitching it as revenues increasing 30% quarter over quarter. I think I hear Dub saying that the emperor has no clothes. The numbers don't lie - TGNT is not producing in the field and the street will wake up to this fact shortly. BS will only carry the stock so far.

Ed