Clearwire (CLWR +18.5%) closed with a huge gain, thanks to remarks in Dish Networks' (DISH) Q2...


Clearwire (CLWR +18.5%) closed with a huge gain, thanks to remarks in Dish Networks' (DISH) Q2 10-Q about the satellite TV provider owning "debt and equity investments of public companies with a fair value of $737 million .... concentrated in the debt securities of a single issuer." Wells Fargo and others think the issuer is Clearwire, which, like Dish, owns valuable 4G spectrum. If Dish's plans to build a 4G network are more than a bluff, Clearwire could be a useful partner. (Dish Q2)

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Comments (2)
  • stesta97
    , contributor
    Comments (86) | Send Message
     
    market cap of less then 3 billion . . more spectrum then anyone. . historically low stock price. . no brainer
    8 Aug 2012, 06:34 PM Reply Like
  • Headcoach
    , contributor
    Comments (419) | Send Message
     
    "I wish I can say...told you so!" Oh wait, I just did.
    8 Aug 2012, 07:51 PM Reply Like
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