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


To: GVTucker who wrote (10274)2/11/1999 8:36:00 AM
From: Greg Jung  Read Replies (2) | Respond to of 12468
 
< Winstar less capital intensive >
I've done a little more reading on wcii and see its ambitions are "grounded" in wireless. However I don't see evidence that it is less capital intensive - although I haven't toted up the various fiber miles, etc, wcii has substantially more debt and is taking on more - I'm looking at 1.3b (lt debt) and add on the purchase money financing from Lucent for another $2b over the next five years.
The scale and reach of wcii's network may eclipse that of espi; due for completion to the big 40 at end of '99, is there a model as to how much revenues can be garnered from a city, once ntwk is functional?

Latest Q-by-Q revenues, earnings:
WCII:
9/98 6/98 3/98 12/97 9/97
61.1 57.3 47.4 30.0 20.2 Revenue
-122.3 -94.3 -85.0 -83.4 -65.3 Income

ESPI:
9/98 6/98 3/98 12/97 9/97
45.5 35.8 27.5 23.2 16.1 Revenue
-38.8 -32.4 -32.1 -35.4 -30.0 Income