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Technology Stocks : Nextwave Telecom Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Lance Bredvold who wrote (211)12/5/1999 6:25:00 PM
From: Jon Koplik  Read Replies (1) | Respond to of 1088
 
If NextWave is indeed great, I assume it would be a lot more than $20 million (although -- maybe only $20 million quickly for accounting purposes (?))

Jon.



To: Lance Bredvold who wrote (211)12/6/1999 12:23:00 AM
From: Maurice Winn  Read Replies (1) | Respond to of 1088
 
Lance, the $20m was, I think, a loan. There was also an equity stake in NextWave. The $20m was all that was outstanding other than equity. If the bankruptcy is overcome, then I guess Q! will get their $20m back while retaining their shares = part ownership of spectrum and whatever else has been acquired.

Maurice


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