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Technology Stocks : CAWS - Wireless Cable (New and Improved)

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To: Joseph Moran who wrote (880)12/10/1996 4:08:00 PM
From: Joseph Moran   of 5812
 
More Bad News

"CAI Wireless Systems Inc debt continued on its decline of the last few days and was seen bid at 46 with a 50 offer, traders
said.

On Monday, the paper was quoted at a 50 bid, 55 offer continuing a slide that began on Friday when the debt was hit the
hardest.

On Friday, the paper dropped more than 20 points after news that Bell Atlantic Corp and NYNEX Corp might reevaluate the
method they use in getting video to homes.

The regional Bells have $100 million invested in CAI.
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