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Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?

To: Steven Bowen who wrote (3486)	1/20/1998 11:01:00 AM
From: SteveG	Read Replies (1) \| Respond to of 12468

[LMDS auction] Vogel may have comments on it in his conference call with NBMO brokers/clients starting in 2 minutes. If he doesn't, I'll try and get the question asked. I'll report the details. Also, didn't yet have the chance to report on Grubman's TGNT report from Dec., but will try to do so later today. Steve

To: Steven Bowen who wrote (3486)	1/20/1998 11:49:00 AM
From: Brian Coakley	Read Replies (2) \| Respond to of 12468

Steve, I took that post to mean $2.25 per population, not per channel population. Thus, WCII has about 180mil population coverage with it's spectrum and the value at the bid would be $405 mil. This contrasts with the bid price that was set in 1995 (seems like a long time ago) at $2.00 per channel pop for the 38 ghz auction (that still hasn't happened). Don't know enough now to speculate about how the calculation will take into account the difference in bandwidth between 1150 megahertz for LMDS and the multiple 100 mhz channels in 38 ghz. Anyone else have any comments please respond....We could use some more info to help with these guesstimates. Regards, Brian