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

To: Joseph Moran who wrote (5601)	9/10/1998 6:12:00 PM
From: webpilot	Respond to of 5812

On another note I wonder if ML stock has dropped over 50% because they are now in the wireless business.

To: Joseph Moran who wrote (5601)	9/11/1998 3:25:00 PM
From: Ken Turetzky	Read Replies (1) \| Respond to of 5812

Joseph, the stock has been extinguished. Why would CAWS management or anyone else be buying it? I e-mailed Alan Abbey at the Albany Times-Union yesterday. Here's my note and his reply: Date: Thu, 10 Sep 1998 17:18:24 -0400 From: aabbey@hearst.com (Alan Abbey) Add to Address Book Subject: Re: CAI Wireless news To: "Ken Turetzky" <kturet@eudoramail.com>,jfeeley@bloomberg.net ------------------------------------------------------------------------ We are not covering incremental developments in bankruptcy case from Albany. Impossible for us with our staffing. Bloomberg News did not move any material from that event yesterday. You should contact them to alert them to interesting developments. So will we. YOur message is being sent to Bloomberg Wilimington, DE, bankruptcy court report via e-mail. Alan Abbey Business Editor Times Union Albany, NY _________________________________ Subject: CAI Wireless news Author: "Ken Turetzky" <kturet@eudoramail.com> at Internet Date: 9/10/98 12:54 PM Alan, are you continuing to follow the CAI Wireless case, and are you keeping up with the Silicon Investor CAWS folder? I'm a CAWS investor whose stock was "extinguished" in the reorg, and live in Dallas. The Chapter 11 case was to be heard on Wednesday in Delaware by Judge Joseph Farnan. It's interesting to note that CAWS claimed its Dallas-based subsidiary, CS Wireless, has negligible value, while the news suggests otherwise. See this article from Wednesday's Dallas Morning News promoting CS Wireless' product, TheBeam: dallasnews.com Also, my SI posting on other news regarding CS Wireless' high-speed Internet product: Message 5694529 I'm concerned that Judge Farnan has not seen this material. CAWS is clearly undervaluing its assets in order to shut out the stockholders. Regards, Ken Turetzky