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: EdR who wrote (832)	1/8/1998 8:11:00 PM
From: James Fink	Respond to of 2063

I think people are worried that the auction will be delayed again. Oral argument on the Bell Company's appeal of the FCC's decision to exclude them from the auction is scheduled for January 16. Based on the tone of the judges' questioning, we should get a pretty good idea of whether the court will decide to stay the auction pending a final decision. I think that people are also worried that the World Trade Organization ("WTO") agreement on basic telecom will not go into effect as scheduled. The WTO agreement was supposed to go into effect on January 1, 1998, but over 20 countries had failed to enact market-opening laws. The United States and Mexico, consequently, refused to let the agreement go into effect. A WTO meeting is scheduled for January 16 in Geneva to decide when the agreement should go into effect. Enactment of the WTO agreement is important for the LMDS auction because it would permit foreign companies to own more than the current 25 percent limit on ownership of U.S. common carriers. Many foreign companies are huge, well-capitalized institutions whose participation would raise license values. Getting back to the issue of the BOC appeal, I think that we are in a win-win scenario regardless of the court's decision. If the court rules against the FCC, then the BOCs and cable companies will be allowed in and, with their deep pockets, will add liquidity to the auction and raise license values. Conversely, if the the court rules in favor of the FCC, then the auction will proceed on schedule and the license values will FINALLY reveal themselves. I suppose the only downside is if the court rules in favor of the FCC BUT takes a long time to reach this conclusion and the auction is consequently delayed for a long period of time. That would suck.

To: EdR who wrote (832)	1/8/1998 8:15:00 PM
From: Night Writer	Read Replies (1) \| Respond to of 2063

Ed, I think the Asian Flu is still with us. Given the Asian situation, could this decrease the expense of manufacturing equipment for a two transmission system? Any opinions? NW

To: EdR who wrote (832)	1/11/1998 8:30:00 PM
From: JW@KSC	Respond to of 2063

Shant quoted in Monday's IBD Monday's Investors Business Daily which arrives on Saturday has an article entitled: FCC Hopes Wireless Bids Go More Smoothly In 1998 Covers half a page in the Computers and Technology Section. The article talks about the auctions, and the bidding credits for the smaller companies, and what happened with the PCS auction. "We learned early on, from the PCS debacle, that the FCC is not in the banking business," said Shant Hovanian, Chairman and chief executive of Cellular Vision USA in New York, a prospective LMDS bidder. LMDS first viewed as a technology to provide television programming in urban areas. Cellular Vision, for example, initiated a form of LMDS to operate a so-called "wireless cable" system in parts of New York City. Now Cellular Vision is eyeing a bigger role for LMDS. It wants to partner with other bidders to build a national broadband network. The network would provide high-speed Internet access, as well as data and digital video services. When wireless frequencies are aggregated in one big chunk depending on the customer usage, LMDS is basically equivalent to fiber optics" said Hovanian, " That's why it's a perfect complement to fiber-optic backbones." The article says Sprint says it does not plan to take part in the auction, and analysts say AT&T Corp. is a possible player, but the company insists otherwise, saying it already has developed a wireless network, code named "Project Angel." JW@KSC