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


To: James Fink who wrote (964)2/1/1998 12:00:00 PM
From: James Fink  Read Replies (1) | Respond to of 2063
 
Fleet Bank wants to wait for the auction results prior to making the $40 million loan. I wonder whether Fleet has already decided that the CVUS license must be worth a certain minimum dollar amount for it to agree to make the loan? I would think that a license worth $100 million would constitute enough collateral to secure a $40 million loan. Anyone agree?