Re: [WISPA] Clearwire stock dropping

2007-03-14 Thread Matt Liotta
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
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Re: [WISPA] Clearwire stock dropping

2007-03-14 Thread Peter R.

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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RE: [WISPA] Clearwire stock dropping

2007-03-14 Thread Brad Belton
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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Re: [WISPA] Clearwire stock dropping

2007-03-14 Thread Matt Liotta

Brad Belton wrote:

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?
  
I think you are asking the wrong question. The real question is how long 
the incumbents will let Clearwire take their market share, which has 
already passed 10% in half of their markets.


-Matt

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Re: [WISPA] Clearwire stock dropping

2007-03-14 Thread Tom DeReggi
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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RE: [WISPA] Clearwire stock dropping

2007-03-14 Thread wispa
On Wed, 14 Mar 2007 11:55:31 -0500, Brad Belton wrote
 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...

Ok, Clearwire expects to continue to build out.  They expect to spend 1.1 
billion, and market hacks expect them to triple the customer base over the 
next year or so. 

So, even next year, they're going to spend between 3 and 4 times their gross 
revenue. 

AND, they have 664 million debt, too.

If they stopped building out and concentrated on sales, I don't know, and 
nobody seems to know, how much the'll be spending.  In other words, nobody 
seems to know how much of this spending is fixed cost and how much is 
expansion.  

Their own claim, is that expenses are near 300 million annual.  However, 
they're apparently not concentrating on market growth, as annual sales only 
went from 67  to 100 million for all of '06.   I read elsewhere that almost 
all of that growth is due to equipment sales, not customer sales.  Then the 
next article contradicts that. 

http://biz.yahoo.com/seekingalpha/070308/29050_id.html?.v=2

http://www.fool.com/investing/value/2007/03/12/clearwire-burns-cash-churns-
investors.aspx?source=eptyholnk303100logvisit=ynpu=y

http://www.marketwatch.com/news/story/clearwire-shares-pummeled-path-
profit/story.aspx?guid=%7BBFAAD8AC%2D3B2E%2D48D4%2DA100%2DDCEC9ACDCAE4%
7Dsiteid=yhoodist=yhoo

 

 
 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.

Actually, it appears they could make money.  But the question is, will they 
stay for ever in the build out mode and spend themselves totally out of 
money, without marketing to and finding enough customers to pay the bills?

I had a potential investor, who was the opposite mind of the CLWR management, 
who insisted that I not expand to any of my yet not deployed but originally 
planned sites until I had completely maxed out capacity on everything now in 
place.  Oddly enough, the more sites I have in strategic locations, the 
greater success I have at potential customer's sites.

Then again, I'm not just putting up every location I can find.  I figure I 
can't expect to get more than 3% market penetration in the areas where DSL 
and/or cable exist, and probably less, and not more than 30% where I'm the 
lone provider. 

With a target size of 600-1100 customers in the next 3 years, this means I 
have to either target 4000 residences with nothing else available, or 40,000 
where there's competition.

There's more than 4000 homes in the area I'm willing to expand to.  The trick 
is that many of them are isolated areas of a 1, 5, 30 square miles, and we 
have to continue to do inexpensive expansions to hit those areas. 

I have a good 1/2 of those covered now, and we're going to add the next 1/4 
this spring. 

If I have 1000 customers, I'll have about $40K a month rolling in, with fixed 
expenses (not including wages and labor) of about 10%.  

So, does Clearwire's model sound better than mine, when it comes to 
likelyhood of survival?




Mark Koskenmaki   Neofast, Inc
Broadband for the Walla Walla Valley and Blue Mountains
541-969-8200

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Re: [WISPA] Clearwire stock dropping

2007-03-14 Thread George Rogato

Market forces dictate that Tom.

Sure there are lots of companies that don't make a profit and have some 
relatively high stock prices.
But the market forces are that if a company is not a viable eventual 
profit maker, then people sell those shares and the price goes down.
If the price goes down the next time the company goes to sell shares to 
raise capital or wants to use its stock as collateral it's pickings are 
pretty slim.


Most of the equity a major shareholder has, is in stock, if the price 
goes down the major shareholder takes a hit.
So the short story is, a company can not expect to survive based on 
stock price alone, they have to perform , either turn a profit, or lower 
losses and get closer to an eventual profit.




Tom DeReggi wrote:
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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Re: [WISPA] Clearwire stock dropping

2007-03-14 Thread Matt Liotta

wispa wrote:


Ok, Clearwire expects to continue to build out.  They expect to spend 1.1 
billion, and market hacks expect them to triple the customer base over the 
next year or so. 

So, even next year, they're going to spend between 3 and 4 times their gross 
revenue. 

  
What is interesting is that year over year their revenue is currently 
growing at 125%, but their expenses are growing at 43%.


-Matt

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RE: [WISPA] Clearwire stock dropping

2007-03-14 Thread Brad Belton
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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Re: [WISPA] Clearwire stock dropping

2007-03-14 Thread Peter R.

Matt Liotta wrote:


wispa wrote:



Ok, Clearwire expects to continue to build out.  They expect to spend 
1.1 billion, and market hacks expect them to triple the customer base 
over the next year or so.
So, even next year, they're going to spend between 3 and 4 times 
their gross revenue.
  


What is interesting is that year over year their revenue is currently 
growing at 125%, but their expenses are growing at 43%.


-Matt

Based on their GAAP accounting method and what silo they are putting 
expenses and revenues in.



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Re: [WISPA] Clearwire stock dropping

2007-03-14 Thread wispa
On Wed, 14 Mar 2007 14:09:20 -0400, Matt Liotta wrote
 wispa wrote:
 
  Ok, Clearwire expects to continue to build out.  They expect to spend 1.1 
  billion, and market hacks expect them to triple the customer base over 
the 
  next year or so. 
 
  So, even next year, they're going to spend between 3 and 4 times their 
gross 
  revenue. 
 

 What is interesting is that year over year their revenue is 
 currently growing at 125%, but their expenses are growing at 43%.
 
 -Matt

It depends on who provides you the figures...

It looks like they really can't lose unless they just spend themselves 
broke without aquiring more customers. 

I know they spent or spend big time around here, and for the most part, 
customer satisifaction has been rather mixed.  I don't directly c ompete 
with them, except for a small overlap on the edge of what I consider to be my 
market, and from what the guy who tried to get hooked up with them told me, 
he's a whale of lot happier with me than them. 

Apparently not every technical hurdle has been overcome. 




Mark Koskenmaki   Neofast, Inc
Broadband for the Walla Walla Valley and Blue Mountains
541-969-8200

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Re: [WISPA] Clearwire stock dropping

2007-03-14 Thread George Rogato

wispa wrote:



It depends on who provides you the figures...


People go to jail when those figures are wrong.
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Re: [WISPA] Clearwire stock dropping

2007-03-14 Thread Peter R.

Not to compare it to a skunk, but look at Vonage stock.
Tanked quick despite their accounting methods.
(Sure some of that was from the patent lawsuit, but it was fading before 
that).


- Peter
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Re: [WISPA] Clearwire stock dropping

2007-03-14 Thread Peter R.

George Rogato wrote:


wispa wrote:



It depends on who provides you the figures...



People go to jail when those figures are wrong.


Sometimes they do.
The key to GAAP Accounting is that you have to be consistent.
SO if in your first quarter you decide that hardware is in this column 
and advertsing is over there and customer care is in column D, you just 
have to continue that method.
So in the case of a VoIP company that doesn't want spiffs, rebates or 
advertising to be calculated with customer acquisition, you count them 
all in different silos.
The same works for att and VZ - advertising is the cost of doing 
business and is not factored in to any metrics.


All depends on how the CFO decided to have the numbers looked at and 
maybe valued.


- Peter

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Re: [WISPA] Clearwire stock dropping

2007-03-14 Thread George Rogato

Peter R. wrote:

Not to compare it to a skunk, but look at Vonage stock.
Tanked quick despite their accounting methods.
(Sure some of that was from the patent lawsuit, but it was fading before 
that).


- Peter


Yeah, but Vonage also shot itself in the foot on IPO
We will offer refunds if our stock goes down

Was the stupidest thing for a company to ever say, was unheard of, 
especially when they renegeed and said they changed their mind and was 
not going to give a refund



That stink will be with them for awhile.


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Re: [WISPA] Clearwire stock dropping

2007-03-14 Thread Tom DeReggi
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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RE: [WISPA] Clearwire stock dropping

2007-03-14 Thread Brad Belton
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

Re: [WISPA] Clearwire stock dropping

2007-03-14 Thread Peter R.

Tom DeReggi wrote:

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

Actually, if you have lots of extra money sitting around - divest! 
Invest the money in other areas so you are cushioned.


The Problem With Passion:Good entrepreneurs can be bad investors.
http://www.inc.com/magazine/20070201/finance-wealth-management_Printer_Friendly.html

Entrepreneurs are quick to reinvest profits back into their companies. 
But the key to retirement just might be outside investments.  
http://www.inc.com/resources/wealth/articles/20061001/lancaster.html


Even the Big Boys invest internationally.

Regards,

Peter Radizeski
RAD-INFO, Inc.


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Re: [WISPA] Clearwire stock dropping

2007-03-14 Thread Jack Unger
And the stock market has been kept alive by the U.S Federal Reserve 
printing too much money (inflation of the money supply) and by the yen 
carry trade where people borrow money at 0.5% in Japan and invest it 
into stock markets where they hope to make 20% in speculative profits. 
This carry trade is now unwinding (going into reverse) and with it, 
the world-wide stock markets and the U.S. sub-prime home mortgage market.



http://www.kitco.com/ind/Laird/mar142007.html


In short, we've been living in an overinflated asset bubble brought on 
by excessive world-wide Central Bank printing of money, too-low U.S. 
Federal Reserve Bank interest rates, excessive Wall Street greed, and 
unethical mortgage-banking industry practices. This trillion-dollar 
asset/liquidity bubble is now starting to deflate.


Everyone better hang onto their hats...

jack



Tom DeReggi wrote:

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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FCC License # PG-12-25133
Serving the Broadband Wireless Industry Since 1993
Author of the WISP Handbook - Deploying License-Free Wireless WANs
True Vendor-Neutral Wireless Consulting-Training-Troubleshooting
Phone (VoIP Over Broadband Wireless) 818-227-4220  www.ask-wi.com



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Re: [WISPA] Clearwire stock dropping

2007-03-14 Thread Tom DeReggi

Brad,

Excellent Point. The industry clearly needs more successes, not failures.

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 2:38 PM
Subject: RE: [WISPA] Clearwire stock dropping


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