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To: gtc123 who wrote (1067)2/9/1998 8:37:00 PM
From: Steven Bowen  Read Replies (1) | Respond to of 2063
 
Larry, up front deposit required to bid on LA was $13.1M.
Only five companies deposited at least this much.
But remember, it only takes two companies who want a city and realize the potential value of a license to drive the cost to realistic values.