CellularVision (CVUS): 2-way LMDS wireless cable. Message Board

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Technology Stocks : CellularVision (CVUS): 2-way LMDS wireless cable.

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To: Frank Duda who wrote (1647)	3/20/1998 12:41:00 PM
From: Alberto B. Plata	Read Replies (1) of 2063

i don't expect a buyout. Any company who is interested in taking over CVUS will most likely wait it out a few more months. in all probability, if CVUS financial conditions continue to deteriorate, it might be forced to file for reorganization. it is always easier to negotiate with a judge than the principals.CVUS management is not up to par with my expectation and frankly, today's stock price is not that attractive. By the way, a lot of people interested in CVUS are also interested in WCII, you can see the same persons posting here also posting in WCII thread. Why not, WCII was and is still bidding on the FCC LMDS auction. And perhaps people here hopes for a WCII buyout. WCII has completed an offering that was oversubscribe, indicating that it is very popular w/ the big investors. Today they are cash rich, but I think WCII would rather see CVUS bleed further. what bothers me the most is that current CVUS management is not really effectively trying to stop the hemorrhaging. the market is better in figuring out the real value of CVUS license,and we will all find out soon,put away your calculators. this is just my view.

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