I read that TGNT article. Seems that there is a perception 'on the street' that TGNT is better than WCII. Well, less float. That is a given. Therefore, less price volatility. Mandl has, I've finally accepted, a better following than Bill R. Yes, the Nippon cash. Yet, we all know WCII is far ahead of TGNT on producing revs, let alone EBITDA.
This from Emily Churchill cbs.marketwatch.com
<<Investors will be watching the new wireless-services rollout closely. These companies have a cost edge -- it's far cheaper to pop a pizza-box-size antenna on a roof than to tear up the ground and lay fiber -- but those wireless services haven't been fully vetted yet. "The key thing for these small companies are raising capital and having a good management team, and so far Teligent has those two things in its favor," said Mel Marten, a telecom analyst at Edward D. Jones. "That doesn't mean a larger company couldn't buy or build what Teligent's doing in a week," he added, "but [Teligent is] poised to start out well.">>
<<"The key thing for these small companies are raising capital and having a good management team, and so far Teligent has those two things in its favor,">>
I copied this one twice. What the hell is he saying ? The key is to raise capital. OK, both are doing it. Good management team. WCII has proven so far it has that. TGNT hasn't because they haven't entered the battle yet. He says Teligent has that in it's favor ? But then says "but [Teligent is] poised to start out well.">>
Well damn, are we talking about starting out well ? Or started ?
There is this misconception and biased reporting that sends everything off. Even today, LU only providing 500,000 not 2 bil.
One thing is certain. WCII has attracted speculators and shorters big time. Any sneeze will send them off. I think our owning WCII will be hard on the nerves until earnings turnaround.
It's not the old days anymore where we had investors like ourselves and many newcomers who liked the ideas in battling copper with wireless. I still love the fight, but the enemy has become the frivolous market with the shorters, day traders, and because of the national attention we are getting, speculators and uniformed writers such as Mel Martin above, and that Southern Comfort woman. Not from Richmond or I would have gotten to her by now.
ac |
