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.

Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: dacoola who wrote (81820)	11/21/2002 12:39:44 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 122087

Oh, sorry. I missed the point. That must be a contagious disease here! I have no idea whether the defence asked for the date and I actually doubt that the government is taking the trouble of harassing the defendant by the timing of the date. From all I see, the US court process is tardy at best and pathetically delayed at worst. For example, NextWave Telecom bid for and won C-block spectrum in early 1996. It is nearly 7 years later and still the court cases and processes of bankruptcy and allocation of spectrum rights is wending its way through the courts. The Supreme Court is messing with it at the moment and that won't be the end of it. Senator Hollings blew the opportunity for the government to collect $16 billion by refusing to agree to a deal arranged by the FCC December 2001. Now the FCC is agreeing to give up on the bids. The spectrum is now worth a fraction of the $16 billion bid in the reauction. Mqurice