On 2/15/12 7:16 AM, Peter Vince wrote:
See:<
http://www.nytimes.com/2012/02/15/business/media/fcc-bars-airwave-use-for-broadband-plan.html?_r=1&scp=3&sq=lightsquared&st=cse


Err.. not necessarily. As one of the commentators in the business press said yesterday (paraphrasing).. Harbinger needs to decide whether to shut down LightSquared and take their losses now, or arrange their funds for the legal battles to come.

When you have billions riding on the bet, a few million in legal fees (which is tens of thousands of billable hours: a LOT of work) to go to court to get the decision changed isn't always a big problem.

As quoted in the lore of Python.. "I'm not dead yet..."





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