CVUS Financing - Easter Monday Visit to CVUS HQs
I suspect that a big part of the financial battle is over whether or not the people with the money (Banks, syndicate or whatever) will allow CVUS to continue to deploy its (unproven) technology in New York against the likes of big name LMDS equipment now being marketed by Bosch-Telecom, Lucent, Motorola, Stanford, etc. Unless we have been kept totally in the dark, the efforts by Bossard and Hovnanian over the past year to establish technology partnerships with the goal of deploying CVUS technology across the country have failed.
If so, CVUS financial backers may force the scrapping of the current CVUS build-out in New York. This will be followed by a transition to the use of another company's equipment for head-end, repeaters, modems, CPE, etc., which will knock price down to $2-3 level before we can expect any recovery.
Hopefully, this is a worst case scenario. We should also continue to remind ourselves that CVUS, in comparison to the vast majority of new telecommunications companies, is essentially debt-free.
In any case, I will be in New York over the Easter weekend to visit my daughter at Columbia. I plan to drop in to CVUS headquarters on Monday morning for a chat with management or whoever I can roust out of their lethargy. Absent any major CVUS news releases in the interim, I will be glad to relay any messages/queries from interested SI members (maybe even from some of you lurking Yahoos). |
