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Technology Stocks : Nextwave Telecom Inc.

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To: Jean Muehlfelt who wrote (76)9/23/1997 2:23:00 AM
From: Caxton Rhodes   of 1088
 
Jean, Iposted on QCOM#4237. Salmasi didn't really say to much. Nextwave is not dead, and hopefully new life will come from the FCC decision. Outside of U.S. investment will be allowed after 1/1/98 and I've got to believe there are investors ready, at least in Korea. It is not in the FCCs or the budget's interest to let these guys go bankrupt and tie up the licenses for ever. We'll have to wait and see what happens.
Caxton
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