SI
SI
discoversearch

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 : CellularVision (CVUS): 2-way LMDS wireless cable.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James Fink who wrote (792)12/28/1997 6:21:00 PM
From: James Fink  Read Replies (1) of 2063
 
Simon Rose, a trader with Prime Charter securities, states that when the government auctions LMDS spectrum, names rumored to be bidding are guys like Bill Gates and Craig McCaw. These licenses will probably go for anywhere from $2 to $35 per pop.

Given that CVUS' license NYC encompasses approximately 8.6 million people, CVUS license could be worth up to $301 million (8.6 million times $35), according to Rose.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext