Teligent Message Board - Msg: 2833286

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Technology Stocks : Teligent

TGNT 0.0398

+5.9%

Nov 6 1:25 PM EST

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To: DubM who wrote (53)	11/28/1997 1:57:00 PM
From: doormouse	Read Replies (3) of 270

What's most interesting is the fact that the original 18 GHz allocation --- 100 MHz --- was increased to 400 MHz. No matter how you look at propagation/attenuation, there's no way that moving from 18 to 24 justifies a premium to 400% of spectrum. The (theoretical) inconvenience of the FCC's pressured move order (to a company that hadn't yet gotten anywhere near to deploying a single walkie-talkie or baby monitor) could, arguably, be rewarded somehow ... but 4X is way too much and has no propagational base. (The relative attenuation charts are well-published.) Stealth, indeed... the deal smells of cigar-smoke.

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