Isn't Clearwire's value irrelevent? If we have lots of extra money sitting
around to invest, shouldn't we be investing it in ourselves for a higher
return and less risk?
Tom DeReggi
RapidDSL & Wireless, Inc
IntAirNet- Fixed Wireless Broadband
----- Original Message -----
From: "Brad Belton" <[EMAIL PROTECTED]>
To: "'WISPA General List'" <wireless@wispa.org>
Sent: Wednesday, March 14, 2007 1:15 PM
Subject: RE: [WISPA] Clearwire stock dropping
Nothing, and why I feel the way I do about the stock. I believe CLWR will
bounce back up, but will ultimately slide downward until profits are
realized. No stock has ever been able to hold value without realizing
profits at one point or another. Why should CLWR be any different?
People invest into companies because they believe the company is solvent and
profitable or will be before they need or want to sell. This isn't to say
there isn't ample opportunity for investors to profit on the buying and
selling of a stock during these periods. Eventually the shorts will get a
hold of it and the stock will only continue to drop until profits are
realized. Even then we've seen stocks continue to drop even after they
become profitable. There are no guarantees!
The bottom line after all the good news, bad news, market swings etc. The
company needs to make a profit in order to sustain value long term. Many
believe CLWR's profitability future is unclear at best. The swings you see
on many IPOs are due to the market makers timing their in's and out's taking
profits when they can.
As they say for every buyer there is a seller, but that doesn't always work
the other way around. I certainly have a few shares of various companies
over the years that I'd love to sell, but no buyers are to be found. <sigh>
Like I said before, I'm hoping CLWR does well and McCaw brings the company
into the black...I just don't see it happening.
Best,
Brad
-----Original Message-----
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On
Behalf Of Tom DeReggi
Sent: Wednesday, March 14, 2007 1:47 PM
To: WISPA General List
Subject: Re: [WISPA] Clearwire stock dropping
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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