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Technology Stocks : NEXTEL
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To: Rono who wrote (9307)8/13/1999 11:35:00 AM
From: SteveG  Read Replies (1) of 10227
 
i agree - no way they pay anyway near C block's $40/pop - UNLESS their is a bidding war (from WCOM, say which is probably not as likely as WCOM buying a GSM rollup)

According to DBAB's Bo Fifer, Nextwave's argument to the bankruptcy court was that by the time the government delivered the licenses, they weren't worth $5B, but only $1B. The bankruptcy court agreed. This would yield ~$7/pop.

Probably higher than this, but I don't see anywhere near $40/pop.
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