Clearwire Forecast Is Foggy, Then Stormy: Pair Trades to Help Weather It
Scott Berry submits:
It’s been quite a while since I looked in on Clearwire (CLWR), and their big bet on WiMax. Frankly, not much has changed. I believed back then — and do even now — that WiMax is a technology solution that’s somewhat overhyped.
Clearwire is still spending money. Intel (INTC) is still touting it, as well as is Google (GOOG). Meanwhile, WiMax is enjoying adoption primarily in emerging markets which have little entrenched infrastructure.
Investing, Long Term Investment, stock market | admin March 24, 2010
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