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Technology Stocks : CAWS - Wireless Cable (New and Improved)

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To: Chiu Chi who wrote (489)11/25/1996 11:43:00 AM
From: Ken Turetzky   of 5812
 
FF Telecom: Daily Market Wrap-Up For 11/25/96 (Cont.)

YTD % EPS EPS
Close Change Change 96E 97E
CAI WIRELESS (CAWS) 3 1/2 -1/8 -63.6% $(2.53) $(2.54)
LIBERTY MEDIA (LBTYA) 23 1/2 -1 5/8 -12.6% $0.23 $0.13

In other ratings news, D&P also placed the "BB-" rated debt of CAI
Wireless Systems Inc. on watch, with negative implications, based on
uncertainty whether Bell Atlantic Corp. (BEL) and NYNEX Corp. (NYN) will
fully implement their business plan with the wireless cable-TV operator.
CS First Boston downgraded Tele-Communications Inc.'s (TCOMA)
programming arm, Liberty Media Group, to hold from a buy.
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