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Alcatel-Lucent Message Board

  • jds6480 jds6480 Oct 1, 2013 2:05 PM Flag

    Welcome my friend Spok

    from the now defunct CLWR board!! Spok was pretty much the senior spokesman when the board was up and running, CLWR (clearwire) for those of you who don't know, was bought out by Sprint earlier this year for $5 a share and the deal closed in July. The CLWR mgmt was a bunch of crooks, they kept paying themselves million dollar plus salaries, but after 2 years of trying to sell the company without finding a buyer, they very nearly went bankrupt and just kept lying to the shareholders about an "imminent deal". Sprint came along to buy CLWR back but only after Sprint CEO Hesse did his best to put CLWR into bankruptcy so he could buy it back for pennies. Our white knight was Charlie Ergen of DISH who out bid Sprint in the beginning, and got S to raise the eventual buyout price to $5 from an opening bid of $2.97.

    Anyway, I hope Spok gets into ALU so this board has another good source of technical information, he is a sharp guy who tells it like it is. Let's get past $4 and I think we fly to $5 where the institutions will likely load the trucks and drive it higher. Doesn't seem like much resistance, and with a market cap of only $8 Billion and change, we've got a long ways to go before this train runs out of track!

    Best of luck to all- JDS

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