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

To: WTC who wrote (1268)	2/23/1998 5:34:00 PM
From: Zorro	Read Replies (2) \| Respond to of 2063

WTC, Looking at the Round 9 results, I have made the following observations: 1) Number of Block A licenses with zero bid = 218 (44%) 2) Number of Block B licenses with zero bid = 20 (4%) 3) Number of Block B bids ranging $2500-5000 = 121 (25%) Although still too early to conclude anything, would it be possible for a bidder to place really low bids for any of these "unwanted" licenses (ie, bids far below the FCC's proposed minimum) and perhaps get away with it? I don't think the FCC will allow a bidder to walk away with any one of these licenses for $1.00 as it did in the WCS auction, but maybe a reasonable lowball offer would be better than nothing. Is it up to the FCC to accept or reject any offer below the minimum? Thanks, Z