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

To: Edward Murphy who wrote (10253)	2/9/1999 10:51:00 AM
From: Steven Bowen	Read Replies (4) \| Respond to of 12468

What about what this stock has done to the Steve's??? :-) Man, can't turn our backs on you guys for even a day. "The smaller float in TGNT is definitely a factor." I think the types of financing packages the company has done is also a big factor. Seems like it makes for excellent arbitrage opportunities. Gives holders great riskfree ways to trade and/or short the stock. I'd expect a lot of the volitility to go away if we could ever get the $100M of convertibles converted. Hopefully the company has a lot of good news in their back pocket or that may be tough to do though. Does anybody think it is just a coincidence that the stock price seems to be doing the twist right on 42 3/8, or are we watching a real battle of bulls vs convert holders? Have we ever heard if Teligent has any real live wireless customers? Are they really putting customers on their wireless networks or are we just hearing a bunch of hype?