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Technology Stocks : Nucentrix Broadband (OTC: BB NCNX) -- Ignore unavailable to you. Want to Upgrade?

To: Zorro who wrote (9)	8/12/1999 5:05:00 PM
From: Ken Turetzky	Read Replies (1) \| Respond to of 14

Zorro, last time I looked, all of the the MMDS companies, post-bankruptcy, were being bought out at premium prices. I thought the same would happen for NCNX, the former WIRL. In fact, I believe they actually allowed their former shareholders to buy a few shares of the new company, unlike CAWS. Why hasn't NCNX already been bought? Sometimes a company issues new shares to meet (anticipated) demand. Could this possibly be the case here? I noticed that despite a lot of insider selling, Wayland Investment Fund bought 275,000 shares at $30.25 in June.