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Technology Stocks : Nextwave Telecom Inc.

WAVE 7.660

-6.1%

Nov 13 3:58 PM EST

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To: Rono who wrote (605)	12/10/2001 11:54:15 PM
From: pcstel	Read Replies (1) of 1088

Rono: “The enclosed bill would provide the statutory authorizations necessary to implement the settlement, which has also been agreed to by the Federal Communications Commission and various interested private parties.” It has not been agreed to by the Federal Communications Commission. I called over there and asked, "What in God's world's going on?" ROTFL... "What in God's world's going on? On the other hand, why put in a bill to confirm the bankruptcy court? Why not put in a bill to say, “Good, the Second Circuit is correct.” If we can do that by law, let's do that by law, get our $16 billion, and go ahead with the development of the licenses. So this thing is an outrage. As Ruffian would say.. YEEEEEHHHHAAAAAAAAAWWWWWW!!!! Remarkably -- remarkably -- the terms of this settlement demand that Congress pass this week-old legislation and appropriate $6 billion immediately, no later than December 31st. Remarkable. I haven't been around here as long as the chairman has, but I'll tell you, I've never seen anything even remotely to resemble what the Congress of the United States is being asked to do here. This stuff is "Classic".. PCSTEL

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