Who says they ever have to make money, for their stock to hold or increase
its value?
And who says a profit needs to be made for a company to survive long term,
when they are kept alive by the stock market?
Tom DeReggi
RapidDSL & Wireless, Inc
IntAirNet- Fixed Wireless Broadband
----- Original Message -----
From: "Brad Belton" <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>; "'WISPA General List'" <wireless@wispa.org>
Sent: Wednesday, March 14, 2007 11:55 AM
Subject: RE: [WISPA] Clearwire stock dropping
Correct and that I believe is what Matt's point is. Too early to kick CLWR
to the curb for at least two reasons:
(1) short term market downturn
(2) additional 4M shares issued
Both of these items can and often will soften a stock value.
All that said I think $20 - $24 a share is ridiculous for CLWR. I expect
CLWR will bump back up maybe even beyond the IPO price once the market
bounces back. The smart money will jump ship saving their skin and the
stock will turn downward from that point on.
"Clearwire has lost more than $460 million during its four-year existence.
The company generates about $100 million in annual sales..."
Certainly McCaw can afford this type of bleeding, but for how long and more
importantly how long will Wall Street wait to see the light at the end of
the tunnel? Will CLWR ever bask in the sunshine?
Long term I only see a decline in value unless they start producing profits
real quick! CLWR isn't making any money and doesn't have a bright future of
EVER making any money. Hope I'm wrong because a CLWR failure is a failure
for fixed wireless as a whole.
Best,
Brad
-----Original Message-----
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On
Behalf Of Peter R.
Sent: Wednesday, March 14, 2007 9:37 AM
To: Matt Liotta
Cc: WISPA General List
Subject: Re: [WISPA] Clearwire stock dropping
Matt Liotta wrote:
It seems premature to suggest that Clearwire is tanking. When you
consider that an additional 4 million shares were issued and that the
overall market is currently down, I think their stock has move as
expected. I bought in at $20.68 and am quite happy with my position.
-Matt
Issuing the extra 4 million shares actually diluted the value of the stock.
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