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Technology Stocks : Winstar Comm. (WCII)

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To: SteveG who wrote (4017)2/26/1998 11:37:00 AM
From: Steven Bowen  Read Replies (2) of 12468
 
<I have this feeling that potential uncertainties of the effect of weather / clear LOS may be a factor in the premiums to LV, DEN, WTCH and PHX. Rainy Seattle isn't getting much interest outside of McCaw.>

I'd have to think most people involved in the auction would have to know enough to understand that weather is a negligible and compensatable problem. Line of site and foiliage is another thing. That can be a problem.

This still can't explain the auction. There probably isn't a better line of site, no foliage, dryer, highly populated city in the country than LA. And it's getting no action at all. And what a mass of densely populated, educated, high tech people you have in San Francisco who would love the high bandwidth. Heck, put a radio on top of Nob Hill (or whatever that big hill is called), and you look down and have LOS to every person in town. And what about Dallas, Miami, Atlanta, San Diego, etc. A lot of cities that seem to make as much sense as Denver and Vegas, but yet aren't getting any attention at all. It's all gotta be part of the games they're playing.

<Rainy Seattle isn't getting much interest outside of McCaw.>
Nobody is challenging McCaw at all on the whole West Coast. Seems to suspicious to me.
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