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lol
Rumor Mill: Is DirecTV interested in partnering with Clearwire?
By Phil Goldstein
DirecTV appears to be signaling an interest in partnering in some fashion with Clearwire (NASDAQ:CLWR), based upon a recent filing it made with the FCC. In the filing, submitted in regard to Verizon Wireless' (NYSE:VZ) proposed $3.9 billion deal to acquire AWS spectrum from SpectrumCo (a joint venture of cable companies Comcast, Time Warner Cable and Bright House Networks) and Cox Communications, DirecTV urges the FCC to require that the cable companies with a minority interest in Clearwire divest their holdings.
Representatives from DirecTV met on July 18 with Paul Murray, legal adviser to Commissioner Jessica Rosenworcel, and noted that the cable companies "neither intend to build their own wireless network nor view Clearwire as a 'viable' solution going forward." (The cable companies' deals with Verizon give the companies the option of reselling each other's services, and Comcast and Time Warner have already started to sell Verizon's wireless offerings).
"Allowing these MSOs to continue to hold minority ownership and management interests in Clearwire despite their new arrangement with Verizon Wireless would enable them to hamper further development of Clearwire's competing network and services, both by impeding new initiatives and by refusing to make additional investments," DirecTV wrote. "Third parties, in turn, will have less incentive to invest in or enter into strategic agreements with Clearwire, resulting in valuable spectrum remaining fallow." Therefore, DirecTV wrote, the FCC should require the cable companies to divest their minority holdings in Clearwire within six months.
Credit Suisse analyst Jonathan Chaplin wrote in a research note last week that Clearwire's future success will depend on it getting new wholesale partners or selling spectrum. "DirecTV's most recent filing is the latest evidence of interest" in Clearwire's spectrum, he wrote. "We believe that potential [Clearwire] suitors have been distracted by" Dish Network's efforts to get a critical FCC waiver for its 2 GHz S-band spectrum as well as the Verizon deal, "and that this latest development could create the sense of urgency needed to get a deal done."
Representatives from DirecTV did not immediately respond to a request for comment.
Last week on Clearwire's second-quarter earnings conference call, CEO Erik Prusch said the company is still looking for potential partners, but was deliberately vague. "As we have mentioned in the past, we have been and remain in active discussions with various parties who are interested in leveraging our assets to address the growing demand for broadband data in various ways, including, but not limited to spectrum acquisition," he said, according to a Seeking Alpha transcript.
Prusch said it is in the best interest of the company and its shareholders to keep such discussions discreet. "And while we have a sense of urgency in arriving at a strategic solution, we also believe our strong cash position provides us runway to be patient enough to strike not just any deal, but the right deal or set of deals for the company and its shareholders."
I guess you dont understand what "Escrow" means. when they close escrow and loan docs are signed is when a deal is done. lol.
Deal is not done, matter of fact financing is not even in place, lol.
I have 59k here will add a few more by weeks end.
Fact that the company is moving fast to change things around is exciting.
Yea and I listened to the audio and it was very impressive, I spent time doing DD over the weekend and very interested in this turn around that the CEO and Blum want to achieve ASAP.
Did you listen to the Q1 audio?
Need news regarding the rest of the lawsuit for this to either blow up in the faces of the shorts or take a nose dive down.
Love the fact we got very close to the bottom of this pps. Company is turning around and with good earnings I will hold for a while to see how this goes. New CEO is doing big things with the help of Mr. Blum. They are not to far away from becoming profitable again. might happen by Q3.
Listen to the Q1 earnings, really good things going on.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77950290
Insiders have been buying.
ODONNELL MICHAEL P Director 2012-07-20 Buy 53,544 $0.65 34.8 10.77 Link
STUTZ CARIN CEO and PRESIDENT
(Click for the stocks that their CEOs have bought) 2012-07-20 Buy 769,231 $0.65 500 10.77 Link
DEMILIO MARK S Director 2012-07-20 Buy 230,769 $0.65 150 10.77 Link
Iliff Becky VP People 2012-07-20 Buy 15,385 $0.65 10 10.77 Link
Okamoto Karl Director 2012-07-20 Buy 76,923 $0.65 50 10.77 Link
FORD CREED L III Director 2012-07-20 Buy 224,366 $0.65 145.8 10.77 Link
MERRITT ROBERT STEPHEN Director 2012-07-20 Buy 156,412 $0.65 101.7 10.77 Link
Gohde John F Vice President of Development 2012-07-20 Buy 7,692 $0.65 5 10.77 Link
EDWARDS STEPHEN F Executive Chair 2012-07-20 Buy 923,078 $0.65 600 10.77 Link
BAUE VICKI J V.P. & General Counsel, CCO 2012-07-20 Buy 38,462 $0.65 25 10.77 Link
KOZIEL WILLIAM E CFO 2012-07-20 Buy 38,462 $0.65 25 10.77 Link
http://www.gurufocus.com/insider.php?symbol=COSI&focusbar=1
Check out the DD I have done on COSI.. Listen to the Q1 results...Did some DD on the new CEO and shes working hard to turn things around.
Really excited about this play as they say Q@ and Q3 earnings will be better then Q1 and Q4
Who cares about 3yrs, As a trader I care about AUG 6th
Company has no debt.. Thanks for YOUR OPINON THAT HAS 0 FACT TO IT.
Cosi CEO Carin Stutz talks brand turnaround
As the newly appointed CEO of Cosi Inc., Carin Stutz will have to leverage her background working for brands such as Chili's and Applebee's to bring about much needed change for the struggling bakery café.
With several challenges ahead of her, one large one was overcome Feb. 21, when, during an interview, Stutz received confirmation the chain would not face a Nasdaq delisting.
Cosi, which has 80 locations, was threatened with a Nasdaq delisting last year and in its 9-year history as a public company, has never turned a profit. Further, it endured a 95-percent reduction in stock price over a five-year period – shares were listed at $11.21 per share in March of 2006, and were listed as low as $0.56 in September 2011.
Now the challenges will be about streamlining its operational structure, including the number of items on the menu.
"We have more menu items and sku's than Chili's and that's not typical of a fast casual. We have to simplify and set up our operators to win and we have to have executive leadership," Stutz said. "I have no tolerance for dirty restaurants or rude behavior so things like that I have to focus on very quickly."
As of August, Cosi had 58 franchise-operated locations and a strong cheerleader in Brad Blum, who owns nearly 7 percent of Cosi's stock and is founder/CEO of BLUM Growth Fund.
In late September, Blum called for a new board of directors and even offered to run the company for a $1 salary. While the board declined his offer, he agreed to join Cosi as a consultant in early February and will work on menu innovation, marketing and merchandising strategies.
http://www.fastcasual.com/article/191297/Cosi-CEO-Carin-Stutz-talks-brand-turnaround
Cosi CEO focused on cleaning up chain's image
Her intent is to clean up chain's image, one location at a time
http://articles.chicagotribune.com/2012-06-04/business/ct-biz-executive-profile-carin-stutz-20120604_1_cosi-stock-nasdaq-delisting-restaurant-industry
****COSI EXPECT A VERY GOOD 2nd QUTR!
Thanks partner, I found it and listening to it now... WOW I am very excited. I loaded more today.
***COSI MUST LISTEN TO THIS CALL
Q1 2012 Earnings Call - Cosi, Inc.
http://edge.media-server.com/m/p/haw89434/lan/en
Q2 coming out Aug 6th
Q1 2012 Earnings Call - Cosi, Inc.
http://edge.media-server.com/m/p/haw89434/lan/en
Can you post a link when you get a chance please.
Cosi earings coming up, last qtr they did fantastic!
Così reported that as of April 2, 2012 it had cash and cash equivalents of $4,813,000 and virtually no debt other than lease obligations.
Così reported that as of April 2, 2012 it had cash and cash equivalents of $4,813,000 and virtually no debt other than lease obligations.
Nice buys today!
Shorts will need to cover soon once financials come out.
Earnings around the corner should be interesting.
Financials can push this to $1+ is things are positive.. The company has about $20mil in cash to work with now
Just look at the PPS, I dont need to say more.. wait also look at the volume. lol. MM dont even want to deal with CGAQ stock... Only 3 MM's in play for this pos.
lol are you serious? This is a penny stock, not a nasdaq stock wtih history of making money for it's shareholders.
Swank is not doing $hit.
We will see earning Aug 6th!
Sprint is ripping it, I have always said they are very undervalued and if they never bought out Nextel this company would be a $10 stock. Long term wise this is a great stock to own.
HES NOT SELLING BUT OTHERS IN HIS GROUP ARE.
Almost 15mil shares DUMPED
In with 30k
It all depends on the court's ruling. If Tang's other part of the lawsuit sticks or is dismissed will be what takes this up or down.
That is why it's going to go lower.
No it's called dilution.
ALRIGHT FINALLY HIT .01... CEO NEEDS TO STOP DUMPING HERE.
Doing some DD on COSI, Interesting play. company is in turnaround mode with the new CEO they hired not to long ago.
A while back there was buyout rumors going on maybe those rumors are about to start again. The stock is trading near the 52week low.
Need some volume and it can fly.