CellularVision (CVUS): 2-way LMDS wireless cable. Message Board

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

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To: James Fink who wrote (1119)	2/15/1998 7:33:00 PM
From: Bernard Levy	Read Replies (4) of 2063

Hi James, NightWriter and CAP: I remain convinced that in the long run, LMDS will be an extremely successful technology. I am even more optimistic on this score than the BellCore report. I also believe that bidding interest will be reasonable for the top 20 markets at the LMDS auction, particularly for the San Francisco and LA licences. However, it is difficult not to be disgusted by a situation where the FCC's rules allowed a fatcat consortium such as WNP to be eligible for a 45% small business discount, while all small operators (WebCel, CVUS, US Wavelink) are shut out of the auction. Also, the fact that TGNT is eligible for a small business discount after receiving 400MHz of spectrum for free is positively nauseating. In effect, the auction rules adopted by the FCC were positively rigged against both small businesses and US taxpayers (the eligibility of WNP for a 45% discount is pure thievery against the US treasury). Regards, Bernard Levy

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