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Technology Stocks : CellularVision (CVUS): 2-way LMDS wireless cable.
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To: James Fink who wrote (1252)2/23/1998 2:07:00 PM
From: WTC  Read Replies (1) of 2063
 
A BTA is never declared "over" -- only the auction can be declared over. Even a BTA that has been dormant for 20 rounds is still alive and biddable by any active bidder as long as some BTAs continue being bid to keep the auction open.

Experience has shown that once a BTA has been uncontested for ~4 or 5 rounds, it is unlikely to be raised again. But there is no rule that takes an individual BTA out of the running.
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