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Technology Stocks : OMPT!!!
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To: Jules Shear who wrote (388)3/27/1999 2:01:00 PM
From: Eric L  Read Replies (1) of 531
 
Jules,

I have not followed the reauction too closely through the first 8 rounds but just checked current standings. Cook Inlet/VoiceStream high in both Chicago & Dallas ($62MM/$29MM). Early yet but this is a far cry from the $461MM/291MM Pocket (DCR) paid (did not pay) initially.

Leap is high bidder in Detroit so far at $8MM.

These 3 markets are rather crucial to GSM survival, IMO. I'm not sure that Omnipoint needs the markets, however, provided that Cook Inlet/VoiceStream is successful.

For anyone interested in followingthe auctions, the link is:

fcc.gov

- Eric -
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