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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 (1115)	2/12/1998 6:56:00 PM
From: Bernard Levy	Respond to of 2063

Hi Jim: The question of the relationship between CVUS and CT&T keeps coming up on the Yahoo thread. I think it is vital that we should get a clear explanation from Shant Hovnanian describing clearly the licensing agreement existing between CVUS and CT&T. Also, the commitment of $2M of CVUS funds to honor a CT&T equipment service contract at the end of December looked extremely suspicious. I think that some of us should press Shant Hovnanian on this issue at the next Conference Call, which should take place within the next 2 or 3 weeks (although we are still waiting for an announcement of the date of the next earnings report). My impression from listening to Shant's last CC was that he is the kind of guy you should always keep an eye on to make sure he is not shortchanging his shareholders. May be it was just some bad vibes, but I was rather unimpressed. Regards, Bernard Levy