CAWS - Wireless Cable (New and Improved) Message Board

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Technology Stocks : CAWS - Wireless Cable (New and Improved)

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To: Zorro who wrote (4677)	2/8/1998 10:15:00 PM
From: Joseph Moran	Read Replies (2) of 5812

Zorro, Interesting post from Yahoo thread. Joe =============================================================== "n post 684 my reference to CAI should have been CS Wireless of Plano Tx. Caws has a 51% interest in this MMDS Company & I believe Heartland owns the other 49%. apparently CS Wireless Intrenet is up and running (not turning a profit). But I'm pretty sure on the SI board, reference was made that they had $80,00,000 in cash. And CS Wireless was filing for the LMDS Auctions. Apparently they did not qualify. My scenerio was that CAWS work a deal with Heartland to free up the needed money from CS Wireless on a deferred debt offering to Payoff (Merrill Lynch the $27,000,000). Refinance with Merrill Lynch for $50,000,000. Get rid of the BANX deal before 2/28/98. Have $10,000,000 in cash to start building service in Boston. The whole idea hinges on CS Wireless Cash, if in fact available. How easy I make it sound. Obviously, I'm shooting from the hip. Blackjackiii AKA Eddyjoe_97

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