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

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To: Kadini who wrote (1833)4/7/1998 12:10:00 PM
From: Alex Pilosov  Read Replies (1) of 2063
 
If anyone is calling/going/yelling at CVUS/TG people, here are some questions to ask:

1. At what price preferred shares are convertible to common stock? How many shares?
This should give what investment community thinks of CVUS.

2. The announcement about commitment was unclear. Does it mean that someone committed to buy 2M$ worth of shares on open market(unlikely but possible with their wording)? Or more shares will be issued? If so, how many shares?

In my opinion, this is not "vulture financing" yet...I was afraid of CVUS pledging their NY BTA license to secure a loan.

I'm still long pending 10K.
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