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

To: DreamWeaver who wrote (1744)	3/30/1998 12:26:00 PM
From: Bernard Levy	Read Replies (2) \| Respond to of 2063

Here is one possible interpretation of the LGMTA action. Suppose CVUS signs a deal to purchase its LMDS equipment from one of the major vendors (LU, Nortel, Bosch Telecom ...). What would happen to LGMTA? Note that I have no information on an equipment deal by CVUS. I am just trying to interpret the market action.

To: DreamWeaver who wrote (1744)	3/30/1998 6:02:00 PM
From: Murray H. Feigenbaum	Respond to of 2063

LGMTA released its 9/97 10Q last week after the very late filing of its 6/97 10K this month. The losses continue to mount but it seems like they should have a turn around after the new management take over and, I imagine that LGMTA is finishing up their write off's in time for their stockholders meeting on 4/9/98. The 12/31/97 2nd Quarterly Report SHOULD BE OUT before 4/9 and hopefully with some good news. The sudden drop in price is probably due to the 9/97 10Q. The info in the Proxy calls for a 1:10 reverse split which probably will help in trading. Also, a name change to "Broadband Wireless Communications Inc.",which may be a plus and finally, a Cert. of Inc. modification for a zillion more shares... for what?