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

To: Steven Bowen who wrote (10074)	1/19/1999 9:14:00 PM
From: Bernard Levy	Read Replies (1) \| Respond to of 12468

Hi Steve: Actually, the main problem with Baker Creek is that it did not disclose its HYPT affiliation to the FCC. If I remember correctly, Baker Creek was turned in by a competitor. So, technically, the FCC could have penalized it severely, say by yanking all its licenses. Nextband did not do anything wrong-- its Nextlink affiliation was properly disclosed. Nextlink is not an incumbent telco or cable carrier, so that it had every right to participate in the auction either directly or through an affiliate. Best regards, Bernard Levy