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

To: Rob Preuss who wrote (1214)	2/20/1998 11:38:00 AM
From: x70sxn	Read Replies (1) \| Respond to of 2063

Thanks James and Rob and all: Rob it looked like as if I was asking those questions. cus i had the same questions while i was going thro' the posts.. That's scary....now what r u thinking...-vbg- If this is the pace of auctioning...i guess we have to wait until the bid comes to atleast 60-65mil or ~$8.00 a pop to equate for cvus's current price...TIA shrini

To: Rob Preuss who wrote (1214)	2/20/1998 12:00:00 PM
From: James Fink	Read Replies (3) \| Respond to of 2063

Rob, I am basing the $25 per pop estimate on the precedent set in the PCS auction three years ago. At that time, the bidders in the A- and B-block auctions paid an average of $15.54 per pop. C-block participants, who only received a 25 percent discount -- as opposed to the 45 discount given to WNP -- wound up bidding an average of $39.88 per pop. Given that CVUS has 1150 MHz of spectrum and the PCS licenses were for only 30 MHz, I think that a $25 per pop estimate is conservative.