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


To: Alejandro who wrote (10345)2/18/1999 11:45:00 AM
From: Steven Bowen  Read Replies (2) | Respond to of 12468
 
"I'm still waiting to get back in"
Don't you guys that are out feel bad pulling for our WinStar to keep dropping?

"I don't understand the reason for the secondary. They have financing from LU and prior to that they said they had enough cash to get to break even at least."
Lucent is good for the equipment, but since they announced the new expanded and international buildout plans, I think they needed more cash.

From the company's viewpoint, the secondary at 41.75 was a brilliant move.

"I am really getting to believe that WCII cannot make it on it's own."
Don't mix up stock performance with company performance. Just because the stock is down 25% in a week doesn't mean the company is not executing. Not a thing is different now than a few weeks ago at 45 (except all the shareholders are a lot poorer).

"Did you get my e-mail ?"
Yes, thank you. I guess that means you didn't get mine?