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Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?

To: SteveG who wrote (9993)	1/14/1999 11:55:00 AM
From: MangoBoy	Read Replies (1) \| Respond to of 12468

<< NXLK buys WNP for 700 million. >> a competitor is born. headlines: Nextlink To Acquire Nextel's 50 Pct Of Nextband For $137.7 Mln Nextlink Says Will Pay $542 Mln To WNP, $153 Mln For FCC Licenses NextBand was a 50/50 joint venture between Nextel and Nextlink. surprised they're not buying ARTT too. mark

To: SteveG who wrote (9993)	1/14/1999 12:01:00 PM
From: Steven Bowen	Read Replies (2) \| Respond to of 12468

"NXLK buys WNP for 700 million." Wow. I don't think the FCC is going to be very happy with this. Was something up from the start? McCaw and WNP never went head to head in any market in the auction. The two biggest players, and they avoided each other. The FCC only took in $578 million total for all the licenses. WNP only spent $187 million on all their licenses. And then only 9 months later McCaw buys WNP for $700 million. Looks like a little anti-competitive deal making to me.