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To: James Fink who wrote (1031)	2/6/1998 6:58:00 PM
From: Steven Bowen	Read Replies (1) \| Respond to of 2063

James, doing a quick scan and adding in my head, it looks like up front payments only ammounted to something like $360M. Seems low to me. Wasn't the upfront payment required supposed to be something like 50% of the minimum bid for each market you planned on bidding on? I'm not sure what to think yet, but I was shocked at the absense of a lot more big bidders like WNP Comm. And at the little up front payments by the Bells. Heck, the upfront payment for one decent sized city must be $5M. What are these guys planning on doing? I need to look at this and think for awhile.

To: James Fink who wrote (1031)	2/6/1998 7:12:00 PM
From: EdR	Read Replies (1) \| Respond to of 2063

James, Thanks for working on the list so fast. Could have saved me some time if I knew you were at it. I guess I shoulda known :) <<The #1 question of the day: Who the Hell is WNP Communications?>> and #2 Who the hell is BCK\RIV\GAM ? and while we're asking: #3 Who the hell is PCTV Gold at $20.250 mil ? #4 Who the hell is Cortelyou at $20 mil ? Leaves some unanswered questions for me......can anyone help? I seem to remember that the up front payment has something to do with how high a bidder may bid.... Ed...