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Comments on news posted 2012-06-28 08:51:39: One-time wireless broadband hopeful LightSquared isn't having a particularly great year, with no product, no necessary FCC waiver, and no future. ..

AuthorAll Replies

jupiter837

join:2010-11-26
Golden, MS

No wonder.

No wonder he wanted to start a wireless network. Sounds like he would have fit right in with the rest of them.

rradina

join:2000-08-08
Chesterfield, MO

When you corner a snake...

...it get's ugly. Just like the rest of Wall Street...no big surprise. Move along.

Well hang on. Perhaps there is something telling... In the 90s investors flocked to any business plan that used the term .com. Apparently the term wireless is the new .com. I find that shocking since the incumbents would have us believe they barely survive in an ultra-competitive market.

Hmm.... Maybe, just maybe, they really exist in an ultra lucrative monopoly market and that's why he was able to sell this turkey to investors.


tshirt
Premium,MVM
join:2004-07-11
Snohomish, WA
kudos:3

It's about time!

that is all.

meeeeeeeeee

join:2003-07-13
Newburgh, NY

Poor poor Phil...

Awwwwwww... Awwwwwwwww... AWWWWWWWW...

/sympathy

Couldn't have happened to a nicer sleaze. Hope there's more bad karma to follow.

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