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Technology Stocks : CAWS - Wireless Cable (New and Improved)
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To: Zorro who wrote (4933)4/16/1998 12:25:00 PM
From: Zorro  Read Replies (1) of 5812
 
RATINGS LOWERED (continued)

To From
Heartland Wireless Communications Inc.
Corp credit rtg N.M. B
$115 mil 13% sr unsecd notes due 2003 D B
$125 mil 14% sr unsecd notes due 2004 D B
CS Wireless Systems, Inc.
Corp credit rtg CCC+ B
$400 mil 11.375% sr unsecd notes due 2006 CCC- CCC+
Wireless One Inc.
Corp credit rtg CCC+ B-
$150 mil 13% sr unsecd notes due 2003 CCC+ B-
$125 mil 13.5% sr unsecd notes due 2006 CCC+ B-
American Telecasting Inc.
Corp credit rtg CCC+ B-
$183 mil 12.5% sr unsecd notes due 2004 CCC CCC+
$201 mil 14.5% sr unsecd notes due 2005 CCC CCC+
People's Choice TV Corp.
Corp credit rtg CCC+ B
$175 mil sr unsecd notes due 2004 CCC- CCC+
RATINGS AFFIRMED
CAI Wireless Systems, Inc.
Corp credit rtg CCC+
$275 12.25% sr unsecd notes due 2002 CCC+
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