MediaG3 (MDGC)

[beachsideeddy2]

XO will present to the IRS that they are continuing to attempt to use the spectrum that years ago cost them dearly. XO has been writing off that mistake in chunks for years. Every so often they ink some kind of deal in the LMDS business segment that ultimately fails, which allows XO to write-off more losses, since XO can claim they have not abandoned that segment. Once the multi-year series of write-offs is complete, XO will be finished with the fiction of maintaining the LMDS segment. Then XO will continue operating their other business segments hopefully at a profit. But as the stock itself languishes in the penny cesspool, I'd doubt that too!! LOL Mr. Market knows.