EPS
join:2008-02-13
Hingham, MA
| reply to andyb
Re: Too late!
The bid price is I think the biggest issue- also, the gap between when the companies can start making money and when they have to pay... in the recent auction, money was due immediately after the auction (as I recall there was one week), while they can't use the spectrum until it's vacated a year later... if you're a startup, not only do you have to pay exorbitant amounts of money, you have to convince whoever is backing you to not demand their money for a year until you can actually start making money... and in the current financial climate, how are you going to find backers to do that? |
