Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Nokia (NOK) -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (8539)	12/14/2000 2:32:04 AM
From: Puck	Read Replies (1) \| Respond to of 34857

The German market is the largest in Europe, and thus German 3G licenses should be worth substantially more than the licenses for a small market, like Switzerland, no?

To: Wyätt Gwyön who wrote (8539)	12/14/2000 10:37:31 AM
From: slacker711	Read Replies (2) \| Respond to of 34857

18 bucks in Switz, 500 bucks in Germ, you say they just placed a different value. Hmmm....I think the fact that the credit markets basically locked up for large telecom companies between those auctions might have had an impact on the price. It doesnt matter what the "inherent" value of the spectrum is, companies can only bid what they can afford. Also, I think a little bit of collusion might have occurred. The various telecom companies seem to be splitting up all of Europe, rather than bidding in every auction. It was a matter of survival....the stocks of all of these companies have been destroyed. Regardless of how the Swiss spectrum is used (lets say it was voice-only), I think the spectrum will yield more than $18 per pop. Slacker