Ahead of an auction for spectrum owned by TV broadcasters, the FCC is planning to review its...

Ahead of an auction for spectrum owned by TV broadcasters, the FCC is planning to review its rules for determining if a carrier owns too much spectrum. The FCC helped derail the AT&T/T-Mobile merger partly because of spectrum concerns, and also required major concessions from Verizon to approve its spectrum purchases from cable providers. AT&T is (officially, at least) praising the news, but so are smaller carriers such as Sprint (S), who argue current rules don't differentiate between bands.

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Comments (5)
  • Denny_Chasteen
    , contributor
    Comments (688) | Send Message
    Is this bad news for CLWR?
    31 Aug 2012, 02:27 PM Reply Like
  • Headcoach
    , contributor
    Comments (419) | Send Message
    Nope! Not while Slade Gorton is on the Board of Directors. I would think that Clearwire saw this coming a long time a go and Slade is the "ACE" in the hole!


    Mr. Gorton was appointed a director of Clearwire in July 2012. Since 2003 he has served as a director of Microvision, Inc. and is currently the Chairman of the Board and Lead Independent Director. Mr. Gorton was recently Of Counsel at the law firm K&L Gates, LLP, and now serves as a consultant to the firm. Prior to joining the firm, he represented Washington State in the United States Senate for 18 years. Mr. Gorton began his political career in 1958 as a Washington State Representative and went on to serve as State House Majority Leader. He served as Attorney General of Washington from 1969 -1981, and during that time argued 14 cases before the United States Supreme Court. After leaving the Senate, he served as a Commissioner on the National Commission on Terrorist Attacks upon the United States ("9-11 Commission"); as a member of the National War Powers Commission; and is Co-Chairman of the National Transportation Policy Project. He also served in the U.S. Army, U.S. Air Force, and the U.S. Air Force Reserves.
    31 Aug 2012, 02:46 PM Reply Like
  • Denny_Chasteen
    , contributor
    Comments (688) | Send Message
    Thanks, coach. Seems like any little thing triggers panic selling on CLWR. I was watching closely today. What you have to look out for now is some mamby pamby analyst coming out now with some more hogwash. I don't have a timely news feed on CLWR. I see a big move and then know something has happened. Then I get the news about a day later. Where do you get up to the minute news on CLWR?
    31 Aug 2012, 02:59 PM Reply Like
  • Headcoach
    , contributor
    Comments (419) | Send Message
    You and I are in the same boat. As painful as it is for me, yesterday, I set a stop to sell half my holdings if it hit $1.60


    I do believe a movie critic is going to come out and talk about how the new Rocky 25 is like the last 24 movies and the stock should drop like a rock in a lake.


    Now that I am in the Green on Clearwire (not by much) I wouldn't mind now if it dropped a little so I can buy more.


    As for current news, I learned that I needed to watch Sprint. But I also keep my eye on AT&T, Verizon, Dish, and China Mobile.


    Here is a list of website that I use to watch Clearwire.
    1.) http://bit.ly/TFHXZR
    2.) http://bit.ly/OGOTrk
    3.) http://urgentcomm.com
    4.) http://bit.ly/TFHXZS
    5.) http://xverse10.com
    6.) http://in.reuters.com
    7.) http://seekingalpha.com
    8.) http://4g-portal.com
    9.) http://bit.ly/OGOTrp
    10.) http://otf.dasfree.com
    11.) http://bit.ly/TFHWFq
    12.) http://www.reuters.com
    13.) http://365gig.net/blog
    14.) http://s4gru.com
    15.) http://market-ticker.org
    16.) http://bit.ly/qPAyXt
    17.) http://blogs.wsj.com
    18.) http://read.bi/rf0BWR
    19.) http://video.cnbc.com
    20.) http://finance.yahoo.com
    21.) http://drudgereport.com


    I think that's it. I use these to stay on top of the Telecom World. You never know where the story is going to come from. But I get email newsletters from each one of these. Plus, I use my Charles Schwab platform. They have a really good news section (Sometimes) But with my platform, I have to check on Sprint all day long to make sure nothing was missed with CLWR. Plus, everything I find on Sprint or Clearwire that's positive, I tweet the link. No that's not in side trading. If figured if Jim Cramer can tweet, so could I.


    Hope this helps!
    31 Aug 2012, 04:52 PM Reply Like
  • Denny_Chasteen
    , contributor
    Comments (688) | Send Message
    Awesome!!! That helps a whole lot. The say the difference between an investor and a trader is that an investor is a trader who is underwater. I think of this thing as a speculative investment. But I sure don't want to get underwater on it. Thanks again.
    31 Aug 2012, 05:38 PM Reply Like
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