The Water Cooler Blog

ClearWire (ticker:CLWR), the company in negotiations with Sprint Nextel (ticker:S) to implement a national broadband wireless network, saw their stock price jump purely on news that the two companies are going to the table again.

Although Sprint Nextel may be a risky purchase, any positive news coming from the table are positive for ClearWire. Adding to the news of negotiations, it is rumored that Intel, Google and BestBuy may inject some capital to help fund the project. With backing from those three companies, you can almost be certain that the project will move forward with real momentum, helping ClearWire’s stock gain more value.

My opinions are not expert - I am not paid by anyone, except for myself from the success of my portfolio. For some there is a great deal of research that goes into what to buy or short sell, and for others not - I am in between, and sure that my approach differs from many.

So if you leverage the nuggets I post here and make some money - please praise me for my simple genius; if you lose money, you have no one to blame but your self for listening to someone else.

-TheBigCooler

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