Replies to post #124369 on Zeev's Turnips Patch-No Politics (ZEEV)

[phill]

You guys are correct on AWE's financials, but it gets worse.

AWE is assembled from all manner of bits and pieces of systems. It has the most godforesaken jumble of wireless technology in the industry. This means that it has a more expensive integration/upgrade path, by far, than any of its national competitors (VZ, PCS, Cingular, T-Mobile, NXTL).

Thus, as competition squeezes the industry, AWE will not only have higher financial hurdles to turning a profit, but it will have the Hobson's choice of either falling further and further behind the industry technologically, or spending more than anybody else does, just to keep up.

mlsoft says short to zero. I agree.

fwiw,

phill

[bfenton]

misoft/Phil/Zeev,

AWE short I agree with.
If you were to hedge you bet in this sector, which of the wireless providers would you hedge long with (if any)
Thanks.