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

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To: Zorro who wrote (423)11/22/1996 11:03:00 AM
From: Ken Turetzky   of 5812
 
Congratulations to Calvin and family from me, too. Here's some CAWS
news. I wouldn't take it too seriously, considering I didn't even know
DLJ had a BUY rating on CAWS, and it obviously wasn't much help,
anyway:

DLJ Morning Meeting Summary, November 22, 1996, Part 1 of 3
10:03am EST 22-Nov-96 DLJ Securities DLJSC SUMMARY

Donaldson, Lufkin & Jenrette
Morning Meeting Summary, Nov 22, 1996, Part 1 of 3

CAI WIRELESS SYSTEMS, INC. (CAWS-3 5/8)* Dennis Leibowitz
Reducing Rating to MARKET PERFORMANCE (212) 892-4248

We are reducing our rating on CAWS shares from BUY to MARKET
PERFORMANCE to reflect the raised questions about the company's
finances after delays and uncertainty regarding the launch of digital.

* DONALDSON, LUFKIN & JENRETTE SECURITIES CORPORATION OR AN AFFILIATE
MAKES A MARKET IN THIS SECURITY AND HAS PERIODIC POSITIONS IN THIS
SECURITY IN CONNECTION WITH THIS ACTIVITY.
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