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Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?

To: JMD who wrote (1811)	9/22/1999 4:39:00 PM
From: bananawind	Read Replies (1) \| Respond to of 13582

Dingell blasts FCC on NextWave license deal WASHINGTON?Rep. John Dingell (D-Mich.), ranking minority member of the House Commerce Committee, blasted the Federal Communications Commission for working with the Justice Department on a deal to sell NextWave Telecom Inc.?s 95 wireless licenses to Nextel Communications Inc. for $2.1 billion. Dingell is the latest in a string of lawmakers to criticize the FCC for meddling in NextWave?s bankruptcy reorganization. ??It is unprecedented ... that the commission would not only take sides in a hostile takeover effort, but act as an organizer of such an effort, aiding and abetting one company in an effort to acquire another company,?? stated Dingell in the Sept. 20 letter.