Don't know where you got that quote, but there appears to be more than one version of Sims' article. The following is the pertinent language from the latest verion of Sims' article which I saw posted and my response to it:
"Russia's a tough market for wireless. Late last year unknown Florida-based operator GlobeTel made an eyebrow-raising, out-of-nowhere announcement of a $600 million Wi-MAX deal in Russia. GlobeTel CEO Tim Huff has been publicly reticent ever since about the deal, which now appears to have collapsed."
Re: russia
by: siriuslyricher
Long-Term Sentiment: Strong Buy 04/06/06 01:57 pm
Msg: 165958 of 165965
Funny, in an earlier version of this same article I believe Sims' stated the Russian deal was "dead." His editors must have ordered him to revise the wording because, as usual, Sims provides no evidence to support his statement.
He doesn't claim to have spoken with bank officials who have approved the loan or the bank expert who is reviewing the plan. He quotes no one affiliated with the banks, Internafta, or GTE to support his assertion nor does he dispute anything contained in GTE's 10K, which clearly indicates that the Russian contract is proceeding.
While it may be Sims' most fervent wish that GTE's Russian contract fail, as he has so loudly predicted it would, his vitriol is rather muted in this latest rendition, perhaps because the SEC is taking a hard look at "business" journalists and their cozy relationships with hedge funds in attacking publicly listed companies.
Good try, Sims, but your wishes are not reality and conclusions based upon nothing but your opinion are worthless. I see you are keeping up to your usual standard, worthy of a paid basher on a public message board.
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