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Nextwave Wireless Inc (WAVE) [hlAlert]

down 95.84 %

Nextwave Wireless Inc (WAVE) rated Buy by Canaccord Adams

Posted on: Monday,  Mar 31, 2008  10:25 AM ET by Canaccord Adams

Canaccord Adams rated Buy Nextwave Wireless Inc (OTCBB: WAVE) on 03/31/2008, when the stock price was $34.65. Since
then, Nextwave Wireless Inc has lost 95.84% as of 01/24/2013's recent price of $1.44.
If you would have followed this Canaccord Adams's recommendation on WAVE, you would have lost 95.84% of your investment in 1760 days.

NextWave Wireless Inc. (NextWave) is a holding company engaged in wireless technology that develops, produces, and markets mobile multimedia and consumer electronic connectivity products, including device-embedded software for mobile handsets, client-server media platforms, media sharing software for consumer electronics and pocket-sized mobile broadcast receivers, and manages and maintains wireless spectrum licenses. The Company?s customers include handset and wireless service providers. NextWave has two segments: Multimedia, consisting of the operations of its wholly owned subsidiary PacketVideo Corporation (PV) and Strategic Initiatives, focused on the management of its wireless spectrum interests. In April 2008, the Company acquired Southam Chile SA and Sociedad Televisora CBC Limitada, (collectively, Southam Chile). On December 24, 2008, NextWave sold its IPWireless subsidiary to IPW Holdings, Inc.

Canaccord Adams provides focused, actionable, idea-driven research, helping clients make informed investment decisions. Our 55 international analysts scour the globe for emerging and small to mid cap (US$1-2 billion market capitalization) growth opportunities, identifying value and exposing risk. Our research team analyzes over 550 companies in eight sectors, clarifying current events and anticipating market trends in high-quality daily, weekly and monthly research products. Our clients benefit from our thorough and sophisticated knowledge of the sectors we cover - Metals and Mining, Energy, Technology, Life Sciences, Real Estate, Consumer, Sustainability and Industrial Growth. We combine independent, actionable ideas, unique global perspective and unparalleled industry expertise. We believe it's evident in our research, and the foundation of our business.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/31/2008 10:25 AM Buy
as of 12/24/2008
1 Week down  -5.00 %
1 Month up  18.75 %
3 Months down  -20.83 %
1 YTD up  111.11 %

(*) Stock Price at the time of the recommendation.
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