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


To: Bernard Levy who wrote (1094)2/10/1998 4:44:00 PM
From: Steven Bowen  Read Replies (1) | Respond to of 2063
 
Interesting how the numbers keep coming together.

In my earlier post, I calculated how a $4B auction should equate to the largest markets going for about $25 per pop.

In your post, you determined a worst case would be about a $2B auction. A straight extrapolation of my analysis means the largest markets would go for $12.50 per pop. Say $13.

In another earlier post I made this morning, I calculated a $13 a pop license value would equate to $7 a share for CVUS.

It's interesting, it looks like, as someone suggested here previously, that the market is pricing CVUS at a worst case auction value. That'll make the auction pretty interesting; worst case and CVUS stays flat, auction goes as anticipated and CVUS doubles, auction goes out of control, CVUS goes ???