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

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To: Bill D'Angelo who wrote (173)11/11/1996 9:55:00 PM
From: Larry Williams   of 5812
 
"My calculations show CAWS will get about $10 million from this small deal."

Check out this link -

brp.com

It shows that CAWS bought the Atlanta rights for $6 million. You say that they sold it for $10 million.

CAWS balance sheet has about $200 million in wireless channel rights. The information I've found shows they bought about $50 million in rights at the spectrum auction.

Does this mean CAWS should have gotten at least $24 million for Atlanta? What am I missing?

Larry
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