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Technology Stocks : Broadband Wireless Access [WCII, NXLK, WCOM, satellite..]

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To: SteveG who wrote (263)5/28/1999 6:02:00 AM
From: transmission  Read Replies (2) of 1860
 
Also would be good if they were accurate in their footprint statements. Governali now 2x has reprinted NXLK pablum of 95% population reach IN ITS MARKETS as 95% OF US (NOT!). SSB/Grubman
intermixes BTA's with markets without citing any POP figure. Also
ARTT does have a comparable national footprint especially in breadth
of markets if not quite as much depth yet doesn't get any HOT AIR
time mention. SSB not surprisingly is not a ARTT market maker.

Kastan and Reingold are almost right on and even more bullish @ $140 for NXLK. They identify FWR licenses as covering 150M POPS in total and 95% of the POPS in the top 30 US markets. I think true statement
for NXLK is 95% of POPS in its markets as NXLK was blanked out of NYC
by CVUS nka SPDE with 2/3 or MHZ bought by WCII and as WCII cites in
its investor presentations they also got SF. With these blanks
I don't think you can total 95% of US top 30 POP and even 95% of what you got maybe a little stretch of LOS reach until hubs and spokes built and propagation proved out.
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