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

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To: EdR who wrote (1019)2/6/1998 11:37:00 AM
From: FieldEffect  Read Replies (1) of 2063
 
Thanks, glad to delurk.

I truly do hope that Shant is making good progress in signing up small and medium business contracts in the Manhattan canyons, but the silence from CVUS management on this account is deafening. All we hear about are their "plans" and "hopes." They've been installing transmission cells for several months now. Surely they can give us a status report, whether good news or bad.

I suspect the mediocre stock price reflects a market efficient minimal valuation of the CVUS license - with no bonus points given for CVUS's (questionable) management capabilities or Bossard's patents. Assuming good auction results later this month and next, downside risk appears slight. A buyout may be in best interests of us stockholders, but I have a soft spot in my heart for Bossard and Shant's pioneering investment in the future of this technology back in the early 80's - and hope for a better outcome.

By the way, I plead guilty (partially) to the drop to 7 early this morning. I sold 5K of my CVUS to get cash for a house closing. Gambled that a market order would catch an uptick - and got burned.
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