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Technology Stocks : CellularVision (CVUS): 2-way LMDS wireless cable.
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To: Murray H. Feigenbaum who wrote (1556)3/17/1998 3:14:00 PM
From: Bernard Levy  Read Replies (2) of 2063
 
Dear Murray:

I think that CVUS will keep sinking until there is
one piece of good news. In other words, we will
know the bottom has been reached as soon as any
moderately positive information comes out. I am
terrible at picking bottoms (I thought $4 1/2 to
$5 would be the bottom), but right now, I would
not be terribly surprised if we saw $2 1/2. I am
not saying such a price would be well justified,
but the downward spiral is caused by bad
sentiment, together with Shant H.'s silence.

Best wishes,

Bernard Levy
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