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: Karl Schwarszchild who wrote (1555)	3/17/1998 1:04:00 PM
From: Karl Schwarszchild	Read Replies (2) \| Respond to of 2063

I think most here would agree that if the auction had gone off last year as planned, this co. and stock would be in a radically different way. Imagine: before the DSL hype blitz, before Asia, and especially before LMDS lost the media limelight and some became disinterested and/or confused. Last year the press coverage was excellent! It even possessed a note of excitement about the technology. Recent coverage, on the other hand, has been pitiful and inaccurate. For instance, last year the NY Times published a _wonderful_ piece on Cellularvision and its recently introduced internet product. This year, as if oblivious to what it had published before, and in context of an auction article, the Times made it seem that CVUS was a video-only company! Last year the Wall Street Journal did a good piece on the company. This year (last week) the link on their website to their CVUS article read "...SATELLITE data company"! Editors - where are you? But seriously, the real problem with the media, beyond all else, is failure to elaborate the exclusion of incumbents and the effect that has had on amounts bid. The media also fail to disclose that the LMDS auction has followed the irrational exuberance and debacle of the PCS auction, and that the LMDS auction is therefore a bit subdued in reaction to such former folly. I assert that the present auction should be viewed as simply sane, and maybe a bit boring, but not a failure. I think the sums bid reflect, and are proportional to, business plans viable at this moment. REAL, doable business plans which will lead to actual, diverse, and eventually ubiquitous LMDS service. (The fact that CVUS is expected by some to build-out its basic network while earning a profit is proof of the "realistic" perspective which prevails at this moment.) Regarding LMDS, have said it before, will say it again: in the not too distant future wires and cables will be rendered antique by wireless facilities. The value of this spectrum and technology can only increase going forward. LMDS, and CVUS in its market, are big parts of a future communications and technology puzzle - quite basic pieces in fact. Their value must increase with time. MSFT comparisons are NOT appropriate. But given the FUNDAMENTAL nature of the CVUS property in a future context, I think a CSCO analogy might be merited. Buying more at these levels...