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Technology Stocks : Advanced Radio Telecom (ARTT) -- Ignore unavailable to you. Want to Upgrade?

To: HTO who wrote (707)	5/27/1999 2:01:00 PM
From: Obewon	Respond to of 1176

Quest now has an additional $1.9B to play with courtesy of BellSouth. biz.yahoo.com Obewon

To: HTO who wrote (707)	5/27/1999 2:14:00 PM
From: Bernard Levy	Respond to of 1176

HTO: SPDE is the rump company left from CVUS (Cellular Vision USA). CVUS was the pioneer in the development of LMDS technology. However, it was run like a mom and pop operation and was much too early in the market (its technology was not quite ready for prime time, and it made the mistake of targeting residential users rather than businesses). It was at about 10 cents/sh when Winstar bought most of its spectrum. Its CEO, who is extremely crafty, renamed it Speedus.com to tap into the Internet craze and issued a bunch of highly misleading press releases (he made it appear that the proceeds of the spectrum sale were operating revenues). Sure enough, the stock spiked to $9. However, this should not mislead you. Its customer base is minuscule (revenue last quarter = $15K) and it is bleeding red ink. Re WMB's use of 38GHz, this is just part of the deal that WMB made with Winstar last December. Nothing new here.