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Technology Stocks : CellularVision (CVUS): 2-way LMDS wireless cable.
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To: CAP who wrote (881)1/20/1998 10:20:00 PM
From: Bernard Levy  Read Replies (1) of 2063
 
Frankly, I am rather skeptical that in the next few months,
you will see CVUS trading below $5, as last week. Also,
what makes you think that the auction winners will be ready
to cash out quickly at a reasonable price? Under the auction
rules, small businesses who sell their licenses within
a few years would have to return to the Govt the bidding
credits they received. In addition, the presence of
foreign bidders might change the outcome of the auction
significantly.
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