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Technology Stocks : CellularVision (CVUS): 2-way LMDS wireless cable.
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To: Rob Preuss who wrote (1214)2/20/1998 12:00:00 PM
From: James Fink  Read Replies (3) of 2063
 
Rob,

I am basing the $25 per pop estimate on the precedent set in the PCS auction three years ago. At that time, the bidders in the A- and B-block auctions paid an average of $15.54 per pop. C-block participants, who only received a 25 percent discount -- as opposed to the 45 discount given to WNP -- wound up bidding an average of $39.88 per pop.

Given that CVUS has 1150 MHz of spectrum and the PCS licenses were for only 30 MHz, I think that a $25 per pop estimate is conservative.
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