limtex and others:
There was an interesting panel discussion last
night on C-Span 2 on Last Mile technologies, FCC
regulations, etc ... What came out loud and clear
was the total lack of awareness of the potential
and even existence of wireless services. One
speaker, Charles Eldering (who actually is a former
PHD graduate from our Dept) mentioned the LMDS auction.
However, amazingly, he was not aware that broadband
wireless services were offered in other frequency
bands. The FCC man had to point out these services
to him.
What is becoming increasingly clear to me is how
little awareness and understanding of broadband
wireless exists beyond threads such as this one.
If you read posts on the WCII, TGNT and ARTT
threads, it is amazing how uninformed some
stockholders in these companies can be (in all
fairlness TGNT holders are the worst). As a consequence,
it is not surprising to see such a deep slide in
Winstar's stock price (I am sure that TGNT will
also spend some time in the house of pain at
som point). There are lots of weak/uninformed
hands out there.
I think we can take advantage of this lack of
understanding by accumulating shares cautiously
and steadily, by dollar cost averaging. The
weakness may last 6 to 9 months, but as long
as WCII continues to execute, the current phase
probably represents a good opportunity. .
Best regards,
Bernard Levy
PS: There was also an interesting opinion
column in the August 17 issue of Telephony
Magazine at
internettelephony.com
The column compared slow and fast-building
CLEC strategies, and indicated that fast builders
had probably the best strategy for the long run,
in spite of their rapid cash burn. |
