Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?

To: SteveG who wrote (3865)	2/19/1998 1:40:00 AM
From: SteveG	Read Replies (2) \| Respond to of 12468

<A> FCC Wireless Auction -2: First Round Gross Revs $322.5 Mln The FCC's latest wireless auction includes licenses to serve parts of the New York City area. But agency officials said they don't cover areas in the city already licensed to CellularVision, a company that helped pioneer the technology. Gross revenue after the first round of the auction totaled $322.5 million, the FCC said. Net revenue, which takes into account bidding credits the agency grants small companies, was $192.6 million. Revenue from the auction will go to the U.S. Treasury. ============= Steve, anyone - a question: in valuing these licenses, and gauging the success of the auction relative to $$ expectations, do we use the credits?