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: Brian Coakley who wrote (1229)	2/20/1998 3:30:00 PM
From: Steven Bowen	Read Replies (2) \| Respond to of 2063

Brian, "Steven, What do you make of the trading in CVUS the last several days? The trading on both WED and THURS in the last 10-15 minutes has been horrible with the stock plummeting on relatively little volume." I've been paying a lot more attention to the auction this week than the stock trading, so can't guess much. It sure seems the Street as pegged the value of this company to a buyout price, which pretty much ties it to the auction values. At the rate the auction is developing, I think alot of people are beginning to wonder whether we'll ever see the pop rates required to justify a $10 or $15 price, or hell, even $7 I guess. Short term, who knows, just depends on how fast the auction develops. So far, I'm afraid only WinStar is being up front with their bidding. The rest of these guys seem to be doing a lot of jockying, positioning, and probably bluffing. re the last 10 - 15 minutes. Does it appear to be related to the release of the bidding data at the end of the afternoon session? Maybe just a lot of discouraged holders? Sorry, no help here. This stock has pretty much always baffled me. Don't even know what to guess. Steve