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Technology Stocks : CellularVision (CVUS): 2-way LMDS wireless cable.
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To: silicon warrior who wrote (1619)3/19/1998 7:49:00 PM
From: Steven Bowen  Read Replies (1) of 2063
 
"seems it can't go much lower"

Careful SW, it only has to drop 3 1/2 bucks and you'll have a 100% loss. That's as much downside risk as any stock out there.

I was only ever interested in this company as a play on LMDS and the auction. It looks like even that strategy was flawed. For an on going operating company, I never thought much of it. At this point, I don't see much hope of it ever being even a decent company. I think the only hope an investor could have now is for a buyout. Hopefully it would occur before bankrupty where it could go for pennies on the dollar and the only ones who will ever see anything is the creditors. If it appears no buyout is eminent, I think CVUS will easily go 50% lower. Seems there are much better, safer investments out there than taking a chance here. Unless you have some Las Vegas money you want to go for double or nothing with.
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