Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: engineer who wrote (26459)	9/5/2002 11:05:23 AM
From: carranza2	Respond to of 196745

Couldn't NextWave lose all its spectrum if the Supreme Court holds that the spectrum passed to the FCC upon the bankruptcy filing? I suppose Q could get NextWave real cheap right now because of the uncertainty, but it all could easily go down the drain.

To: engineer who wrote (26459)	9/5/2002 12:02:50 PM
From: Eric Martin	Respond to of 196745

The LWIN debt is trading for between 10 and 40 cents on the dollar.

To: engineer who wrote (26459)	9/5/2002 2:28:02 PM
From: RalphCramden	Respond to of 196745

I doubt anyone could buy a majority of LWIN for 34 cents/share. They could buy some fraction of the float for 34 cents/share, but if they actually tried to acquire control of the company, I suspect it would cost them noticably more than that. The people who hold and don't trade are unlikely to let go at current prices. If I were trying to acquire LWIN, I would probably start by buying their debt at 10-40 cents on the dollar, and then arranging some kind of friendly takeoff holding that nice big stick in my hand. This is not based on any knowledge of how things are usually done, rather the opposite, I am just looking at the pretty pieces and guessing how they might go together. You're the greatest! Ralph