Nextwave Telecom Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Nextwave Telecom Inc.

WAVE 6.652

-2.0%

Dec 5 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: pcstel who wrote (649)	2/3/2002 5:01:46 AM
From: Maurice Winn	Read Replies (1) of 1088

<The U.S. Court of Appeals for the District of Columbia ruled last June that the FCC violated bankruptcy law when it repossessed the licenses.> You mentioned <Just a group of "borderline criminals" that were not even eligible to bid on the spectrum in the first place.. They lied on their applications to participate in the Auciton, > If the FCC violated bankruptcy laws by illegally holding an auction of some property they don't own, they defrauded bidders by pretending that the FCC was the owner and controller of the spectrum sold recently for $16 billion, despite the fact that the FCC had previously sold it to NextWave. Not only did they hold an illegal auction, but they now refuse to return the money paid by successful bidders, despite the auction being declared invalid by US courts. If I did all that, I think the constabulary would consider me an over-the-border criminal, not borderline. You've got a cheek calling the real owners of the spectrum borderline crooks. Mq

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next