WPC!' 2BST Z 3|P) Z-  #2PG;P#HP LaserJet 5P/5MPstScriptm 5114HPLAS5P.WRSx  @,,,L$X@2q@4P@3|jCourier New (TT)Arial (TT)Times New Roman (TT)2PG;P#Courier New (TT)Arial (TT)HPLAS5P.PRS5x  @\$]X@"5@^AASМ,NN[ANAAAA휜Au©ܜAAAmNuA44u4‚NuAuuuuN=NANN'NN]`NЩuAAAAAAAAuuuuu]NNNAuu4`ܩN`uuNRA}NVUÂNN44NNNN4NNNtN捍:]@sCzsffzAASМ,NN[ANAAAA휜Au©ܜAAAmNuA44u4‚NuAuuuuN=N4N邂NN鯯44NNRNuNܯAN=NVN]NNN}ANNUÏ驜AAAAuAAAAuddddddddddddddddddddddddddddddddddddddNTT~PYVPTO33PPPPTTuu3OuO"uu~uu2QpKy K Courier New (TT)Arial (TT)Times New Roman (TT)Times New Roman (Bold) (TT)New Roman ItalicCourier New (TT)Arial (TT)Times New Roman (TT)Times New Roman (Bold) (TT)Times New Roman (Italic) (TT)2PQPl7PC2XXP\  P6QXP.7UC2X4>XU4  pQX?xxxX[Xx6X@DQX@k8gNAXg2PQPl7PC2XXP\  P6QXP.m7UC2X4>XU4  pQXn?^N;X3ۼ^\  P6QP5PC2XQ XP*f9 xQXXngsO"PTO33PPPPTTyuu3OuO"uu~uu"i~'^DOpͨAOOYAOAAOO娨AĨۚOAOAOAAA͑YOuYAYOAOOOAOOOOOOOAͨAAAAAAAAAAOOOAAYOpAۨYYYpO۶uuuOODu484WddddddddddddddddddddddddddddddddddddddddNTTOYTăO]OAAuuOO郃錱T錌TAuuO"u錌~u匌u"i~'^DO]uuĶOOOu=O=AuuuuuuuuuuAAgרOYͨۨOAOkuOgugugOuuAAuAuuuuOYAuuuugp/p~O=~kOOO=OOOOOOuOuAggggg͘gggggOAOAOAOAuuuuuuuuuuguruuuuggggg~ggggguuu~u~uOAOuOOOu~~uA]OOAuuuuuͨOOOYYY~bAkuuuuuuۨ~ggguOuYOu=uuN*NWxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxNTTkuOguuuuuAKuFKuFOOgguPPuu匱T錌TOguF"u錇~u匌u2mKAKKK""i~'^:DpddȨDDDdp4D48ddddddddddDDpppd|Ld|pȐD8DtdDdpXpXDdp8Dp8pdppXLDpdddXP,PhD4htDDD4DDDDDDdDp8dddddȐXXXXXJ8J8J8J8pddddppppddpddddzpdddXXhXXXXXdddhdptL8LpLDLpphhp8ZDP8pppddƐXXXpLpLpLphfDtppppppȐhXXXpDppLDd4ddC6CWxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxNHxxHjdDddddddd<d<CCYYdCCddCYCdYzzzzCCCCqodYYYYYYYYYYY8888dddddddndddddddgggg~ggggguu2#@-@m u"5@^2Coddȧ8CCdr2C28ddddddddddCCrrrdzNdzoȐC8CtdCdoYoYCdo8Co8odooYNCodddYO,Oh2CC!CCPRCdodddddȐYYYYYN8N8N8N8oddddooooddoddddzodddYYYYYYddddooPoNoNCNodo8RoodȐYYoNoNNF2ldCddddddd<d<CCoodCCddCoCddzzzzzzzzzzCCCCozdddddddYYYYY8888dddddddndddddYd X-x` `  hh@hpp  #Xj\  P6G;XP#May 2 $S 1 $S , 1998  X- #Xn4  pG;>X#Separate Statement Nof  X-~Commissioner Susan Ness #|\  P6G;3ۼP# TP  X-#Xj\  P6G;XP#  Vi-  XR-Re: Use of the 220222 MHz Band, PR Docket No. 89552 I write separately to repeat my longheld view that the Commission should not change its rules on the eve of a spectrum auction. I strongly support the policy, embodied in the Omnibus Balanced Budget Act of 1993, of assigning radio spectrum through the use of auctions. But reliance on market mechanisms only works if one pays attention to the realities of the market. Business people don't just show up at an auction, ready to bid; first, they need to formulate business plans and secure financing. Changing the rules for the service on the eve of the auction throws off business plans. While I understand how circumstances have changed and have no particular objection on the merits  X)-to eliminating, on our own initiative, the spectrum efficiency standard for 220 MHz services, I also see no compelling need to eliminate the efficiency standard at the eleventh hour or to further complicate the already tortured history of this band. With or without a prescribed efficiency standard, as a result of the competitive bidding process, licensees will have an incentive to be efficient in their use of the spectrum. But this change in our rules will inevitably necessitate reevaluation of business plans by potential bidders. Some who planned to bid may no longer be interested. Some who planned not to bid may suddenly wish to, but lack the time to formulate a business plan and to secure financial backing. The only thing worse than changing the rules of the game right before it is played is to change the rules after the fact, as has also occurred with distressing frequency. Of course, new facts or new thinking may justify adjustments, but at a minimum we need to think carefully about the effects of any changes on the operation of market mechanisms. In my view, we can and should do more to avoid auctioneve or postauction changes in our  X"-rules.