Seeking Alpha

Sand Paints

Sand Paints
Send Message
View as an RSS Feed
View Sand Paints' Comments BY TICKER:
Latest  |  Highest rated
  • Globalstar CEO Discusses Q2 2013 Results - Earnings Call Transcript [View article]
    Not mentioned were the significant results of wireless testing completed this quarter using Rukus equipment yielding connection speeds and distances better than standard public Wi-Fi , including not having any interference using GSAT spectrum. The successful tests were conducted also with a major communications company in conjunction with a planned major product release upcoming that could benefit from GSAT technology, reported to have been Amazon.
    Aug 14 01:20 AM | 3 Likes Like |Link to Comment
  • Clearwire Playing For Time It Doesn't Have [View article]
    Notice you don't disclose your interests or stock holdings with your free advice.

    It's also interesting to note how you say the two companies have been doing so well this year, but somehow on this deal you think it is Clearwire that is running out of time. Please explain how it is that you think Sprint is not running out of time at the same pace?

    Some would say, "Value for Value, Deal for Deal, and Time for Time." When they are equal and doing so well together, only then it can be decided who likes what or what is best for anyone, otherwise be leery of giving advice, and crow later.
    Dec 27 09:36 PM | 1 Like Like |Link to Comment
  • Time To Take Some Profits In Nokia [View article]
    10 Big Green Bugs ! Maybe, at least best of breed now to start.

    Always an optimist, I bought NOK today because the 920T is TD-LTE, and China Mobile is totally leading the market with that high capacity data network development, designed to out perform the competition hands down on video and image delivery by orders of magnitude faster. Add the China Mobile paid subsidy on 920T long term contracts first to market, that being something even Apple has not been able to achieve in China.

    NOK now entered at an open door in a vast market of 600 million customers and a network that dwarfs every metric in the U.S.A. telecom sector.

    Nokia has developed a world class phone in a growing world network standard TD-LTE environment, bringing it ahead of the competitive entry curve for profit growth that can not be matched by FD-LTE services. This is ramping up to be disruptive.

    I'm not a bit hesitant to buy these shares as I did today.
    Dec 19 08:58 PM | 3 Likes Like |Link to Comment
  • Nokia's Beaten Down Stock Finally Gets Some Asha [View article]
    NOK is perfectly positioned with its new products that match the higher capacity TD-LTE network that China Mobile is leading and together with Nokia will bring a performance level to mobile phones that will surpass the competition for the world's largest customer base.

    Not only is their 920T likely a standard setting device, but it will deliver the customers the highest performance data pipeline through TD-LTE for video and image access, combined with all those new touch screen abilities and apps to be customized uniquely to the user's personal lifestyle via the Phone8 software. Imagine this, China Mobile agreed to significantly subsidize the advanced Nokia 920T on longer contracts compared to Apple iPhone missing the strategic opportunity to be first to market on any such terms in the spralling Chinese telecom sector. I don't know what Apple has been thinking or saying, perhaps it's because Nokia has less political baggage and a supreme product design, IMO, but this appears to be making a big difference and should have a large impact maybe as early as Nokia's next quarterly report January 18th.

    Needing to ramp up production to meet sales demand is exactly the sort of problem that attracted me to invest in Nokia today. In addition, Nokia uses the type of growing world class network spectrum that lead to the current buyout merger offer from Sprint/Softbank for Clearwire's high speed network now being built. I expect these phones will be playing a greater role not only as they are now in China and Europe, but also spreading across mobile operators for the coming months in the U.S.A., as exampled by AT&T being the first to offer these Nokia 920 phones in a version to meet their particular LTE network.

    Shares that are rebounding yet undervalued, that significantly can reveal growth prospects by changing the way people do things better, are to some extent in the eye of the beholder.
    I sold my shares in CLWR on Friday above the current market and purchased NOK today.
    Dec 19 06:49 PM | 6 Likes Like |Link to Comment
  • It would be "an absolute outrage" for Clearwire (CLWR -0.8%) to be sold at Sprint's (S -0.8%) $2.90/share offer price, declares 3.6% activist Clearwire owner Mount Kellett in a letter to the board. To further demonstrate its commitment to fighting for a higher bid, Mount Kellett assigns Clearwire a value of $6.30/share based on some back-of-the-envelope math that values the carrier's spectrum at $18B. Fellow activist investor Crest Financial is also intent on receiving a higher offer. (earlier) (Nov. letter[View news story]
    Should the Big Bad Wolf have been called the Activist Wolf? Oh no, but if there is any justified resistance we should call the victims the Activist Little Pigs.

    It comes to mind:
    Snidely Whiplash is trying to tie someone to the railroad tracks, how dare they refuse the rope.
    Dec 14 04:50 PM | Likes Like |Link to Comment
  • For Sprint (S -0.4%) to acquire the 48% of Clearwire (CLWR +14.5%) it doesn't own, it needs the support of shareholders representing over half of non-Sprint-owned shares. That could be tough without a higher bid, given activist investors Mount Kellett and Crest Financial own 14% of Clearwire, and continue to argue Clearwire is worth more. But the fact Clearwire is saddled with over $4.2B in debt and has a major 4G LTE buildout ahead of it gives Sprint some leverage. Stifel:  "It’s Sprint or nobody ... [Clearwire is] losing money hand over fist." (previous: I, II[View news story]
    Or read the opinion of Joan Lappin published today at Forbes:

    "Sprint's Hesse Underbidding For Clearwire, Still Hopes Shareholders Can Be Duped"

    It's NOT Sprint or nobody at this price. Won't be either when it's done. It might not be Sprint, it won't be a nobody, and it won't be at this price.
    Dec 13 06:30 PM | Likes Like |Link to Comment
  • Clearwire Management Discusses Q3 2012 Results - Earnings Call Transcript [View article]
    I would like to thank Seeking Alpha for providing this very informative transcript on the current status of Clearwire presented here.

    Nothing can be more frustrating than to read what other people WANT to tell you was said during an earnings report conference call compared to the satisfaction of actually viewing the record.

    Leave it to your readers to draw their own conclusions, but this was one of the best conference calls on a very complicated business environment that answers many questions concerning Clearwire, IMO. Very useful and again thank you.
    Oct 25 11:23 PM | Likes Like |Link to Comment
  • Sprint (S) is working on a fancy move to take control of Clearwire without buying it, according to sources. Instead, Sprint may cut a deal with other major Clearwire investors - including Comcast and Intel - that would allow it to appoint a majority of directors to Clearwire's board. CLWR +4.4% AH. [View news story]
    I think it is good news for both Sprint and Clearwire. This move triggers some financial requirements for Sprint to payoff the debts holders of CLWR in order to take controlling interest - greatly improving CLWR ability to be profitable on current business operations.

    Softbank CEO Son is reported to travel to the U.S. this week to explain the merger to Sprint investors, and Sprint is to obtain a $3 Billion payment October 24th for network build out of the Network Vision / CLWR TD-LTE network. More details approaching obviously.

    Eagle River made their own decision, and they are still entitled to that in a free enterprise system, so those that don't like it need to man up themselves. IMO, this is going to work itself out much to the better for everyone including the telecom market and the consumer.

    Both Sprint and CLWR are scheduled to present their Q3 earnings reports and CC's on October 25th. Very timely and sure to be greatly interesting.
    Oct 17 10:50 PM | 1 Like Like |Link to Comment
  • Don't Buy The Sprint-PCS Hype [View article]
    We are certainly getting used to you making mistakes and probably look forward to many more in the future, because your excuse is you are trying, sometimes several times a day. You nailed it perfectly.
    Oct 5 10:10 PM | 2 Likes Like |Link to Comment
  • DISH Stepping Away From Wireless [View article]
    The second "factual mistake" is couched in your writing the assertion that "In fact DISH now seems anxious to unload its spectrum." You state that as a fact, when in fact Charlie Ergen at no time ever said he was anxious to unload spectrum, nor did he "seem" to be anxious in that way during his remarks to the PCIA conference. His remarks were straight forward, pragmatic, and balanced as a skilled CEO guiding DISH into, not away from, new potential wireless opportunities. You tried not to make two mistakes in fact, but in fact your claiming so may have become your third mistake in fact.
    Oct 5 09:50 PM | Likes Like |Link to Comment
  • Copies Of All Four FiberTower Corp. Bankruptcy Petitions [View instapost]
    Would you comment on news reports and court decisions that indicate Fiber Tower has abandoned it's proposed plan of reorganization and now has a court approved procedure to auction off employee contracts and business assets with bids being solicited until November 1 and one stalking horse bid signed.

    Fiber Tower has also received a court ordered injunction to the FCC not to hamper Fiber Tower spectrum leases.

    My question is that Fiber Tower management repeatedly states in documents to the court their transactions and negotiations are presented in "good faith", especially regarding the new plan to auction off to the highest bidder, so how does that square now with "good faith" to the common shareholders who obtained their interests in the company also by being the highest bidders at the time they acquired their common shares?

    Will the court take this favorably into consideration on the proposal to exclude the common share holders and negate that Fiber Tower request due to this now becoming a sale rather than a re-organization of the company?

    I maintain as a common shareholder that we as a class should be combined or united with our investment in the company "in good faith" and relying on other rights protected by market regulations, law, and common practice.

    We value your opinion and any suggestions. This seems to be more of a situation of "selling the company" than entirely a bankruptcy filing.
    Oct 4 01:58 PM | Likes Like |Link to Comment
  • FiberTower Announces Engagement of Financial Advisor & Receipt of Nasdaq Delisting Notice [View article]
    The forward statement doesn't warn of the possibility that the bankruptcy court might not accept Fibertower's reorganization plan as submitted, because it does not fairly represent the condition of the company as outlined in Fibertower's documents recently submitted to the FCC concerning it's business plans for renewal of major licenses.

    The judge might just see that the 30 some unsecured creditors should be paid in future profits and share holders should retain some stock interests through a reverse split or other arrangements.

    Fibertower has near term buyout potential, although they deny discovery of any such interests while trying to slim down their debts through bankruptcy and largely depreciate spectrum assets, that the judge just might easily detect before ruling, IMO. It still remains to be seen if a buyout might appear prior to a court determination of the facts, because this is a very disruptive market going into 2013, with a great deal of growth being driven by mobile phones and new devices that require much that Fibertower is in place to supply through it's established infrastructure.

    The proposal may have over played it's hand in a gamble to outdo Fibertower management's previous history of bankruptcy capitalism. This proposed plan of reorganization seems too convenient and self-serving in the face of an exploding demand for these services in the mobile marketplace. I think there is significant resistance to these proposed plans.
    Aug 30 01:17 AM | Likes Like |Link to Comment
  • Clearwire's Solid Q2 Earnings: Improving Fundamentals Support The Bullish Thesis [View article]
    Significant recently and into the future, Clearwire and the largest mobile telecom company, China Mobile, signed an agreement that is intended to be a model for upcoming negotiations world wide in the TDD-LTE phone business. Can you estimate how that meshes with the new appointment of Slade Gorton to the board of directors?

    Clearwire also became active in the Rural Carriers Association this quarter, which should dovetail with the FCC initiatives to expand mobile data to greater depths across the U.S.

    Perhaps Clearwire will be putting more emphasis on communicating it's activities and progress to shareholders, rather than making them wait primarily for quarterly reports. One would hope so, in this information age. Lack of regular guidance, IMO, was largely responsible for not shoring up investor confidence when they faced complicated market pressures.
    Aug 6 08:53 AM | 1 Like Like |Link to Comment
  • Clearwire Management Discusses Q2 2012 Results - Earnings Call Transcript [View article]
    There certainly have been a lot of bashers and shorts for this stock, which is why a transcript like this is so useful to understanding that CLWR shares are significantly undervalued at this time.

    If you visit the Yahoo message board you will find over time that many short investors post whatever they like without sincere or honest regard for the business or its plans. It appears that fairly soon investors will escape from the clutches of these recent manipulations as CLWR is going to achieve its goals in less than a year and become the highest capacity wireless service source with the first world roaming agreements inside and outside the United States.

    Thank you for posting this transcript that goes a long distance to shore up the spirits of those who have been embattled but who can sort out the greater worth of this stock more clearly now.
    Jul 27 12:03 PM | Likes Like |Link to Comment
  • A Clearwire Update: New Customers, Investors, And Drama At The SEC [View article]
    Thank you for providing some clarity to the recent filings and current stock price as shares are very undervalued to assets and its expanding network business plan.

    CLWR management needs to offer far better guidance on a regular basis than its tendency to be overly silent about the issues of concern to its investors. Perhaps Crest can move CLWR in that direction soon before frustration gives way to revolt.

    A major problem might be that the top management at CLWR are oriented toward accounting backgrounds and seem to lack the individual charisma of founders such as John Stanton, from whom we no longer seem to hear anything of his vision or outlook in public. The market wants to hear a Clear voice.
    Jun 7 09:40 AM | Likes Like |Link to Comment