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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here -- Ignore unavailable to you. Want to Upgrade?

To: Bernard Levy who wrote (7564)	7/12/2000 4:24:22 AM
From: Raymond Duray	Read Replies (1) \| Respond to of 12823

Re: FCC Spectrum Auction in the 700's Hi Bernard, I learned just yesterday that there is potentially a chunk of spectrum coming up for auction that could eventually fill that bill. forbes.com What is of interest is that the FCC is not setting any restrictions on what the spectrum is to be used for. How unbureaucratic. And its a nice frequency for wall penetration. Goodbye roof antennae. Well, maybe not.... <g> I loved Nacchio's comment about the whole thing though. After the madness of the British auction for 3G spectrum I can see why he'd call the whole thing a possible disaster. Do you think the successful bidders in Britain will be able to claim mad cow disease as a defense in bankruptcy court? <w> Best, Ray

To: Bernard Levy who wrote (7564)	7/12/2000 11:17:08 AM
From: ftth	Respond to of 12823

Hi Bernard,possibly he may decide that, but he may have to make said decision before any realistic estimates of scratch 3G deployments can be made. The other thing is 30-40 billion of monopoly money is actually less that even a buck-ninety-eight of real money. Since no one really knows the scratch 3G costs, other than they will be quite pricey, and that it will take years to get it up and running, maybe opting for an existing and ongoing revenue stream makes more sense. With the relatively small amount of cash they have, not sure they could put much of a dent in a scratch deployment. Nextel's got a couple hotels on Park Place too, so maybe they'll decide to revisit that property.