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Technology Stocks : Advanced Radio Telecom (ARTT)
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To: Gary Kline who wrote (491)3/20/1999 7:37:00 AM
From: Gary Kline  Read Replies (1) of 1176
 
To All,
I looked back at posts in January 1999, Steve Bowen had already performed the value of ARTT spectrum based on the NXLK/WNP purchase.
The value was around $7/share in pure license value or 188 million dollars. However, I am not sure if this includes their European spectrum. Does mean that WCII valued 15% of ARTT at $17/share or two and half times the spectrum value. Possibly related towards a strategic move to prevent another suitor.
Warm Regards,
Gary
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