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

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To: JW@KSC who wrote (806)1/4/1998 8:24:00 PM
From: Bernard Levy  Read Replies (2) of 2063
 
To the thread:

I do not know if the following link has been posted
earlier:

cedmagazine.com

It contains an interesting discussion of the prospects
for the LMDS auction, including WCII and TGNT current
business strategies, and a quote from Shant Hovnanian
sketching CVUS's approach to the auction. The approach
is apparently for CVUS to form partnerships where they
would have controlling vote (a controlling vote can be
obtained with less than 51% of the shares if there are
enough smaller partners). This setup would allow these
partnerships to bid and benefit from the rebate given
by the FCC to small businesses such as CVUS.

It remains to see whether larger players will be willing
to form partnerships with CVUS. During the last week
I have started reviewing the technical literature on
millimeter wave broadband networks. CVUS's system is
really primitive compared to what is technically achievable.
I expect that HP/stanford Telecom and Bosch Telecom
will produce significantly better systems. Also,
CVUS looks positively like a mom and pop operation
compared to WCII and even TGNT. It is really time
for Shant Hovnanian to bring in some communications
or even cable TV professionals in CVUS's top
management team. In other words, CVUS has a long way
to go in order to truly deliver on the promise of
LMDS technology.
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