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

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To: James Fink who wrote (791)12/28/1997 11:55:00 PM
From: Hiram Walker  Read Replies (1) of 2063
 
James, personally I think the FCC is stupid,and think all government agencies have to be(its the basis of my contrarian views). Look what they did with the cellular auctions,they have only collected a fraction of what they anticipated,and may never collect what is owed them.
As far as people not bidding, I for one was thinking about it. Then I thought again,maybe they will overcharge,or people will overbid. I can always buy spectrum secondarily from those holding the licenses.
No, the FCC will screw this up,they have to,they are the government. How else would we be able to sell $4,000 dollar toilet seats. And how else could Korea get 60 billion dollars?
Hiram
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