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 : CellularVision (CVUS): 2-way LMDS wireless cable. -- Ignore unavailable to you. Want to Upgrade?

To: James Fink who wrote (815)	1/5/1998 7:55:00 PM
From: Bernard Levy	Read Replies (1) \| Respond to of 2063

I agree that Hovnanian will probably want to sell out CVUS to a bigger player. I just do not see him trying to build a nationwide LMDS franchise. This would require a broad based management team including persons with telco and possibly even cable experience. Also, CVUS's capitalization is too small for building a truly dominant LMDS player. Current stockholders will probably make money, but with a truly ambitious game plan, a dominant LMDS franchise would have the potential to reach the scope and size of a TCI, or MCI, or Sprint..

To: James Fink who wrote (815)	1/6/1998 2:44:00 AM
From: JW@KSC	Read Replies (1) \| Respond to of 2063

Re: If they want to sell out, they have the votes to do it Insiders own 70 percent of the stock in CVUS. If they want to sell out, they have the votes to do it without public shareholder consent. J.F., This "may not" be true. Amati was recently purchased by TXN, shareholders were forced to tender their shares. If TXN did not have 90% of the stock by 23 Dec. 97 then it had to go to a shareholder vote. Many shareholders choose not to tender, approx. 4 million shares holding out, Total 19 million shares. Many did not want the Tax Liability in 1997. Not a nice surprise to have near the end of the year. They would have gone for a stock swap. So it was likely a three fold, Tax, showing discontent with the $20 a share price, and no TXN stock offer. Regards, JW@KSC