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Technology Stocks : CellularVision (CVUS): 2-way LMDS wireless cable.
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To: James Fink who wrote (1031)2/6/1998 6:58:00 PM
From: Steven Bowen  Read Replies (1) of 2063
 
James, doing a quick scan and adding in my head, it looks like up front payments only ammounted to something like $360M. Seems low to me. Wasn't the upfront payment required supposed to be something like 50% of the minimum bid for each market you planned on bidding on? I'm not sure what to think yet, but I was shocked at the absense of a lot more big bidders like WNP Comm. And at the little up front payments by the Bells. Heck, the upfront payment for one decent sized city must be $5M. What are these guys planning on doing?

I need to look at this and think for awhile.
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