SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Winstar Comm. (WCII)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: transmission who wrote (10040)1/18/1999 9:13:00 PM
From: Steven Bowen  Read Replies (3) of 12468
 
transmission,

<I do not for one instance believe NXLK and WNP colluded before
first auction.>

How do you account for the fact the the two largest bidders in the auction never crossed paths in the auction?

WNP pretty much just conceded the entire West Coast to Nextband. No competition at all.

And even in territories where they were both bidding,

ie Nextband in Birmingham, Ala., Chattanooga, Tenn., Columbia, S.C., Hickory-Lenoir-Morganton, N.C., Huntsville, Ala., Lexington, Ky., Louisville, Ky.

and WNP in Atlanta, Ga., Charlotte-Gastonia, N.C., Greenville-Spartanburg, S.C., Knoxville, Tenn., Memphis, Tenn., Nashville, Tenn., Raleigh-Durham, N.C., Richmond-Petersburg, Va

I don't remember them ever bidding against each other. I suppose they did somewhere along the line, but as I posted earlier, their lack of competition was noticable during the auction. But it seems to me if one had an interest in Hickory NC, they'd at least have some interest in Charlotte. But not in this auction.

It also seemed odd that WNP, while appearing to be interested in a national strategy, never bid on San Francisco, LA, Seattle, Phoenix, San Diego, etc. Instead, they almost just forfeited most of these to Nextband, showing no interest.

I see nothing strategy wise that explains some of their strange behavior. Do you have anything?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext