Winstar Communications Up 13.4% on Earnings, Financing
Winstar Communications
(WCII)
was up 13.4% in late trading. The broadband services company today
reported a third-quarter loss of $2.50 a share, better than the Street's estimate of $2.54 and the year-ago $2.18. Winstar also said it received $1 billion in financing, including equity investments from
Microsoft
Scroll to Continue
TheStreet Recommends
(MSFT) - Get Microsoft Corporation Report
and
Compaq
(CPQ)
.
