[time-nuts] More on LightSquared
Mike Naruta AA8K
aa8k at comcast.net
Sun Jun 5 15:46:39 UTC 2011
That's an interesting idea Jim.
What if the re-aggregating Ma Bell is about to
swallow T-Mobile in order to attempt control
of the mobile phone market. Ma needs to be
careful to not awaken the monopoly regulators.
Ah, Ma can point to new LightSquared as being a
competitor. Then, after acquiring T-Mobil, it
is discovered that LightSquared is a technical
disaster and must fold. She could even have
started LS and write off the cost of the LS
losses; she has a large amount of money.
Of course this fantasy would require a lot of
secret, back-room deals.
On 06/05/2011 09:53 AM, Jim Lux wrote:
> WHat are the odds that Light squared is a clever gambit to make
> money by shorting the stock (or equivalent, I know L2 is
> privately held). Propose something that looks sexy and meets a
> national need (universal wireless broadband, solving the last
> Get tons o' bucks into the firm because it's gonna be great
> guys, let's all ride it together.
> (buy fancy car, get paid big salary and bonus)
> Oh.. a regulatory hitch?
> No problem, we're better than sliced bread, keep sending that
> money, let's make all the co-marketing deals with stock swaps,
> get that land for our stations optioned and tied up.
> Oops, there are laws of physics and a crowd with flaming torches
> and pitchforks after us.
> Well, we gave it our best shot...thanks for the support, and,
> no, you don't get your money back.
> L2 looks good to people who don't know enough of the details.
> Don't forget that these investors are people who also invest in
> Shannon Law violating communications schemes (yes, because we've
> got a secret special coding technique, we can send 10
> bits/second/Hz at -10dB SNR.. it's going to revolutionize
> wireless broadband, the government is going to spend billions,
> get in now, while you can)
> BPL was much the same.
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