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Technology Stocks : CAWS - Wireless Cable (New and Improved) -- Ignore unavailable to you. Want to Upgrade?

To: VanGo101 who wrote (5517)	8/5/1998 10:15:00 PM
From: .com	Read Replies (1) \| Respond to of 5812

Van, Just a mere footnote to your fine work. I agree, every shareholder should write. Just remember some of CAI's finer moments and you'll have no problem writing that letter. Here are a few trips down memory lane with JA: --CAI dropping their partner, Bell Atlantic, with full knowledge that doing so would destroy (and bankcrupt) the company: JA: "We knew this [decision] would have a devastating effect on our company. It was done because the management felt sincerely that if we had continued on [the prior] course, the damage would have been more severe than breaking off and trying to reinvent ourselves. [ . . . ]" --CAI's great follow through on the game plan they laid out for shareholders: JA: "We laid out a series of benchmarks that we intended to hit over the course of 1997, in order to achieve a [dual set of final regulatory goals for CAI] -- one of which was getting a permanent [flexible] two-way authority in one of our major markets. We decided we would target Boston [ . . . ] where we decided to load in all of our two-way equipment. And the second [goal was] to push [for establishing] rules at the FCC [governing full two-way flexible use authority]. [ . . . ]" --CAI selling shareholders out after indicating they would do what was right for shareholders. JA: "There are a lot of big financial institutions that cozied up to us over the late summer and early fall, who were saying this could be a great restructuring or reorganization. [ . . . ] We've resisted that. We've tried to, at all turns, do what [management felt was] right for [CAI's] shareholders and bondholders."