It's largely irrelevant to me as I don't own CLWR or have any immediate plans to own any shares.
As for our industry I believe CLWR's value and performance could have some impact on future fixed wireless ventures public or private. Bankers and investors alike will look at CLWR and may be more inclined to think if McCaw couldn't pull it off with billions at his disposal how could the next guy? Let's just hope CLWR doesn't give the industry yet another black eye like Teligent and WindStar did. We still run into property owners/managers that are reeling from their dismal "wireless" experiences. Best, Brad -----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Tom DeReggi Sent: Wednesday, March 14, 2007 3:26 PM To: WISPA General List Subject: Re: [WISPA] Clearwire stock dropping 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. -- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/ -- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/ -- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/ -- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/ -- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/ -- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
