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CLEARWIRE CORPORATION (CLWR) [hlAlert]

Rating:
Hold CLWR

CLEARWIRE CORP (CLWR) rated Hold

Posted on: Tuesday,  Aug 7, 2007  9:25 AM ET by Stifel Nicolaus

Clearwire (CLWR)
Hold by Stifel Nicolaus.

Clearwire Corporation builds and operates wireless broadband networks that enable Internet communications. Its wireless broadband networks cover entire communities and deliver a high-speed Internet connection that not only creates a new communications path into the home or office, but also provides a broadband connection anytime and anywhere within its coverage area. It offers services in both domestic and international markets. The Company?s services consist primarily of providing wireless broadband connectivity, but in some of its domestic markets, it also offers voice-over Internet protocol (VoIP) telephony services. As of December 31, 2008, The Company operated its networks in 51 markets in the United States and Europe covering approximately 18.2 million people, and as of December 31, 2008, it had approximately 475,000 wireless broadband subscribers. The Company?s networks in the United States were deployed in 47 markets and covered an estimated 15.3 million people.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/7/2007 9:25 AM Hold
None
25.23
as of 12/31/2008
1 Week   
1 Month up  9.96 %
3 Months down  -47.04 %
1 YTD down  -51.71 %

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