Even though this company is burning through cash, and their product isn't that awesome, I guess the market considers it undervalued. I think it will make it up in the 12-14 range before next earnings.
Earnings are on Thurs. Weak showing leading up, and I'm convinced we'll see a 10%+ drop Fri morning. They are still burning lots of cash, and, frankly, their service isn't that great.
high risk value play. this one is the big one. i think a lot of people question wi-max but wireless is the way of the future and mr. macaw's track record is solid - he's made the right things, sold at the right time, and knows the themes of near and long-term pretty well. clwr is a good bet....
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