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Technology Stocks : CellularVision (CVUS): 2-way LMDS wireless cable.
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To: ray hackett who wrote (1836)4/7/1998 3:59:00 PM
From: James Fink   of 2063
 
<<Given all the issues surrounding the C block licensees in chapter 7 or 11, and the ownership of those licenses, I don't think that they make great security. These are 10 year licenses, at the whim of the FCC with renewal expectations and ownership restrictions.>>

CVUS' LMDS license may not be very valuable, but it is all that CVUS has of value! No lender in their right mind would give CVUS money without having a security interest in the sale proceeds of the license.
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