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Technology Stocks : CellularVision (CVUS): 2-way LMDS wireless cable.
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To: Bernard Levy who wrote (1122)2/16/1998 9:49:00 AM
From: Elliot W  Read Replies (1) of 2063
 
A different opinion on bidding credits:

Actually, as a CVUS investor, I like the idea that some very rich entities are getting a credit. Only the big players were going to bid on the prize areas anyway - now they have more money, in effect, to spend. Maybe this will increase the value of the New York property.

Ex: A 40% credit on 20 million adds more to the total money pool than a 40% credit on the 10,000 that I could have raised :)

True, it would have been great to reward the small operators in some way. But I would rather see CVUS get its New York act together first. I live in Brooklyn and can see an antenna - Why has nobody in my neighborhood ever heard of Cellular Vision? Why no mailings? Why no flyers stuck on cars? I get them all the time for Cable and Cellular phone service.

Elliot

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