robert caplin of the national association of broadcasters was quoted yesterday saying he thinks the current spectrum auction schedule is doomed to failure because there's too many issues to work out and because of the res, there's not enough interest by parties to participate in the auction. >> guest: first of all, thank you for having me back. it's great to be here, and what you're talking about the is incentive auction. so congress passed a law last year giving tv broadcasters a financial incentive to be used in the wireless broadband purposes. we at the fcc a busy to solicit public comment and analyze it for purposes of putting together what will be quite literally thee most complex spectrum auction in world history. i know it sounds like hyperbole, but it is the truth, and there's three components which i will get to in a minute. i expressed caution. it's not doom and gloom as you presented it, but caution in terms of when that will happen and how that happens. i'm not sure it will yield quite as much spectrum as was first advertised, some of the first chatter would yield 120 megahertz