Fibertower Corp fka FBBT

[condoe3]

Interesting Seeking Alpha Comment regarding potential value of Straight Path


thebottomfeeder

you need to do a deep due diligence on the spectrum market and also understand where 39ghz fits in. I desperately tried to understand Kerrisdale's reason for shorting to challenge my confidence in my long position. Forget what you know of a stock value and look at STRP as purely holding a limited asset that will be crucial to enable the next wave of technology. Also remember since there is very little outstanding shares any bump in offer will shoot the stock way up. STRP owns a contiguous nationwide footprint that T, VZ and perhaps the likes of an

Amazon may highly covet. $1.6b or even $3b is nothing compared to the services that can be extracted out of it over many years. I enjoy the debate as I am holding long and will make a lot of money if the original offer holds or goes beyond. I do advise those who want to bet lower prices here to be careful as a bidding could take the share price way beyond what you think is possible (again remember low amount of outstanding shares).

One last thing - no one can read what the VZ CEO meant in his statement. He of course can only say so much. We may not see any news for weeks or beyond on this matter, so nothing can be concluded based on silence.