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


To: Ken98 who wrote (1550)3/17/1998 8:37:00 AM
From: James Fink  Read Replies (2) | Respond to of 2063
 
Ken,

I remember reading the January press release and was totally oblivious to the missed loan payment! I wish somebody had noticed it back then because it would have changed my opinion of the company. I think that J.P. Morgan is invested so deep into CVUS that it won't push CVUS into receivership. What is more likely is that Morgan will demand more equity to satisfy its debt. Result?: equity dilution for public CVUS shareholders.