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

To: CAP who wrote (1527)	3/14/1998 2:36:00 PM
From: Hiram Walker	Read Replies (1) \| Respond to of 2063

Cap, doesn't it seem like the greater your debt/equity ratio and the lower your book price,the higher your stock goes? Hey I think I will start a company, load it with a billion dollars of debt,not have the cash flow to finance it currently,and watch my stock price triple. If any of these companies have a problem who is going to buy a company at 25 x sales,10x book value? The world of financial markets is laced with cable and wireless potholes. Time to get some asphalt patch kits. Hiram