NextWave Wireless (WAVE)

All Comments on WAVE

  • commenter
    jackie
    stuart
    Aug 08 04:52 PM
    NextWave Wireless Hits The Jackpot [view article]
    Jackpot! One quarter of cash left, dilutive offering coming shortly and a massive restructure that will wipe out shareholder equity by the end of the year. Nice call..... Reply
  • commenter
    GYRO
    Jul 21 03:23 PM
    My Website
    NextWave Wireless: Benefiting From Blackberry Enabling HTML In Emails [view article]
    NextWave's problem is that is burning immense amounts of cash and HAS TO SELL its spectrum. Looking at its portfolio, its EBS/BRS licenses are interesting, the leases are a little pricey. The natural buyer is Clearwire/Sprint and they appear to be out of the market until the deal closes later this year. WAVE's AWS spectrum is too rural to be of much interest. Maybe T-Mobile wants to beef up its rural portfolio. WAVE paid $0.12 per MHz/POP in 2006, maybe it is worth a little more than that. The WCS is a wildcard. 2.3 GHz is pretty popular for fixed WiMAX around the world. However, there are no devices in this country to take advantage of WCS. Hard to say that it is highly valuable. Again, with two bankers doing someting this CEO ought to have done I expect WAVE will sell enough spectrum $200 to $300 MM to take it thru next year assuming spending is cut. Unfortunately for them, this make take a larger part of the portfolio than they would like. BTW, weren't the results supposed to be out around Independence day? If the auction was going well we would have some information by now.

    DISCLOSURE: Currently neither LONG nor SHORT NextWAVE, there are too many other compelling situations.     Reply
  • commenter
    GettingAnnoy
    ed
    Jul 09 07:38 PM
    NextWave Wireless: Benefiting From Blackberry Enabling HTML In Emails [view article]
    BTW- This user is long WAVE stock, and proud of it! Reply
  • commenter
    GettingAnnoy
    ed
    Jul 09 07:33 PM
    NextWave Wireless: Benefiting From Blackberry Enabling HTML In Emails [view article]
    Not tired of slamming WAVE yet?

    Try reading a little more about current spectrum pricing. Why would WAVE's spectrum be worth so little if people are ACTUALLY paying more than it was purchased for originally in similar, more recent auctions.

    Being short a stock isn't such a bad thing but it does entice the unethical side of people sometimes. Smears like the comment above should be forced to admit that they're short the company they smear and if so, SHOULD be forced to back it up with reasoning and supporting information. Trust me, if you are not short and do have some knowledge to share for supporting your claims, I would be happy to read more. I'm just sick of the misleading and divisive (yet anonymous) posts because after each negative piece I have read I have checked the facts and they don't match up. WAVE is financially fine for the moment and their technology and chips are astounding. When spectrum is finally sold for a price far above its purchase price; likely to be much more than double (since the Canadian auction recently surpassed that mark); WAVE will be a considerable and long lasting force in the WiMax world.     Reply
  • commenter
    newhome
    Jul 09 01:04 PM
    Why I'm Short Nextwave Wireless [view article]
    Wished I had followed the analysis posted on May 16, and shorted it.

    Aas a newcomer, one lesson learnt myself, anonymous and new might not necessarily lead to questionable.     Reply
  • commenter
    vitaminc
    Jul 08 08:17 PM
    NextWave Wireless: Benefiting From Blackberry Enabling HTML In Emails [view article]
    Not tired of pumping WAVE yet?

    There are just not enough buyer for WAVE to sell its spectrum holdings and all those ACS/WCS spectrums are actually worth a lot less than you estimated for mobile devices due to the extremely limited transceiver supply.     Reply
  • commenter
    LondonCallin
    g
    Jul 02 01:04 AM
    NextWave Wireless: The Most Leveraged Play on iPhone 3G [view article]
    NextWave better do something quick. They are running on fumes. Reply
  • commenter
    vitaminc
    Jul 01 08:04 PM
    NextWave Wireless: The Most Leveraged Play on iPhone 3G [view article]
    The bad news are

    1) that there is only two buyers of WAVE's spectrum
    2) base station routers poses more limitation on wireless traffic congestion than airwave utilization.
    3) WAVE's WiMax business aren't getting traction and
    4) its TDD broadcasting technology only has limited users in Europe     Reply
  • commenter
    fury allecto
    Jun 02 10:57 PM
    NextWave Wireless: Spectrum Options for Other Operators [view article]
    Too high by at least a factor of three on the spectrum.
    1) WAVE's AWS assets are in tier 3 and 4 markets; their biggest licenses are Puerto Rico and Pittsburg (and you could find this data yourself - it's on the FCC website under auction 66; WAVE bought in the name of "AWS Wireless"). They bought the stuff for about 13 cents PMP - it may be worth 20 cents today.
    2) WCS is beset with DARS interference and there is only one likely buyer, AT&T. WCS is worth maybe 10-15 cents PMP at best.
    3) WAVE doesn't have a billion MHz POPs of 2.5 spectrum - it's more like 250 million, and almost all of it is leased, not owned. Sure, it's in good markets, but because of how 2.5 is licensed, it only covers slices of the geograhpy of those markets. There's also only one buyer (Clearwire/Sprint) and your valuation above doesn't back out the DCF of the leases Nextwave is obligated to pay the licensed holders. WAVE will be lucky to net 20 cents PMP for these leases.     Reply
  • commenter
    joker
    Jun 02 02:34 PM
    NextWave Wireless: Spectrum Options for Other Operators [view article]
    It is way too optimistic! The value of those spectrum is in the eye of beholder / belivers, just like the value of houses - a year ago's houses could fetch $1 million and now sitting in markets with a tag 25% down and still now takers!

    So if now buyer really have to buy those spectrum immediately, WAVE will be in BIG trouble and face bankruptcy. And potential buyer, knowing the fate of WAVE, could simply wait for couple of years and after WAVE belly up, then scoop their needed spectrums cheaply.     Reply
  • commenter
    RF
    Jun 02 11:42 AM
    NextWave Wireless: Spectrum Options for Other Operators [view article]
    Great piece. Look forward to watching WAVE rise. Reply
  • commenter
    HedgefundInv
    estor
    Jun 02 10:51 AM
    NextWave Wireless: Spectrum Options for Other Operators [view article]
    Nice to see that SeekingAlpha finally got it right. Wahlman is a blue chip telecom analyst and it's a pleasure to read his well-reasoned analysis. Reply
  • commenter
    msteele999
    Jun 02 10:11 AM
    NextWave Wireless: Spectrum Options for Other Operators [view article]
    Glad to see someone is finally 'getting it' about NextWave! Reply
  • commenter
    buyforeclosu
    res
    May 30 09:35 PM
    The CAT's Meow - Cramer's Lightning Round (5/14/08) [view article]
    retepog I agree... But besides that HOW can you be bearish on YGE when it has a P/E of 1.64 and and a PEG of .40? I really don't thin Cramer knows the techs of YGE and needs to examine it a lot closer Reply
  • commenter
    User 197847
    May 22 12:01 PM
    Why I'm Short Nextwave Wireless [view article]
    It's interesting that the Federal Government projects the company's spectrum value at $6B, but Patriot "Research" pegs it as less than what was paid for it. Stopped clocks are right twice a day too. I guess all those directors who bought stock in early May are part of the conspiracy too. Verizon's V-Cast service is powered by WAVE software and 160M phones have already been shipped. Does that sound like a "failed" company to anyone else? Reply
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