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

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To: Alex Pilosov who wrote (1807)4/7/1998 9:48:00 AM
From: Ken98   of 2063
 
Alex, option (B) wins by a neck. Good call on your list of options and (based on limited information in press release) looks like (B) is what we have. I can't believe it took all this time to come up with this small of a loan or that it took all this time for the lawyers to proof that press release.

Key questions now:

(1) Amount and terms of dilution?
(2) How much of the $10 million went to pay the Morgan notes payment?
(3) How much net did CVUS receive?
(4) How long will this net amount last? What is the current "burn" rate"?
(5) Where will the money be spent? New cell sites or CT&T royalties?

Seems like this was a life preserver to keep things afloat for another 3-4 months. More of the same. Ken.
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