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Technology Stocks : Nextwave Telecom Inc.
WAVE 8.220+10.8%3:59 PM EST

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To: zax who wrote (979)11/11/2007 2:16:01 AM
From: reportexpense   of 1088
 
Based on what happened with Clearwire and Sprint, the spectrum by nextwave and it's valuation is in serious limbo; but what bothers me the most is the way the management runs their business operations mainly dealing with wall street and trying to get the backing of major analysts that can help move the stock in the right direction.
They have the same Tejas group which were their lone analyst through their 1st time around as nextwave wireless from $14.00 down to $1.00 a share.
I am afraid that Salmasi has burned too many bridges with his bankrupticy antics; no one seems to be stepping up for possible buy out or partnership possibilities with the company. This is what I meant by not being proactive and missing the deals.
They keep buying companies which are not crucial to their business plan; They are becoming more of a holding company of tech manufacturer/providers rather than a single company with one single vision and focus.
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