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Technology Stocks : CellularVision (CVUS): 2-way LMDS wireless cable.
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To: Night Writer who wrote (851)1/12/1998 8:08:00 PM
From: James Fink  Read Replies (2) of 2063
 
According to today's article in Investor's Business Daily, bidding could go "sky-high" for LMDS. One telecommunications analysis firm, Washington D.C.-based Strategis Group Inc., values available LMDS licenses at $4 billion.

"We think they could go for much more than that," said Dan Ernst, a Strategis analyst. "The amount of spectrum is tremendous -- it's a versatile broadband pipe that can provide any service."

Just how prominent the big long-distance companies will be in the auction is a question mark. Analysts say the LMDS auction presents a big opportunity for long-distance carriers. "It makes sense for long-distance carriers to do it," said Strategis Group's Ernst. "It is a one-shot way to get into local service without building extensive networks."
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