[time-nuts] latest on the lightsquared 'saga'

Robert Atkinson robert8rpi at yahoo.co.uk
Fri Mar 4 07:24:37 UTC 2011


Hey, at least you got vouchers. Here in Cambridge UK the analogue signal goes off next weekend and you are on your own for converters.
 
Robert G8RPI.

--- On Thu, 3/3/11, Jim Cotton <jim.cotton at wmich.edu> wrote:


From: Jim Cotton <jim.cotton at wmich.edu>
Subject: Re: [time-nuts] latest on the lightsquared 'saga'
To: time-nuts at febo.com
Date: Thursday, 3 March, 2011, 20:22



The other scenerio is buy stock in the leading GPS makers and assume that
they and Lightsquared will lobby effectively and everyone will be forced to
buy new GPS units...

There is precedent in that, the DTV converter box vouchers...

Jim Cotton
n8qoh

On 3/3/11 3:09 PM, jimlux wrote:
> On 3/3/11 9:34 AM, Bob Camp wrote:
>> Hi
>> 
>> There's obviously major fuel behind this thing. I'm willing to pass up GPS
>> underground. It's GPS out in the open that is my main concern. IF they are
>> going to use this for "last mile" connect to homes it will indeed be
>> everywhere and anywhere. IF that's the case, you loose all sorts of GPS
>> stuff.
>> 
>> I'd hate to see my GPSDO collection wind up sitting next to the Loran C
>> stuff out in the shed.
>> 
> 
> 
> My theory is that the reason that this can't work is complex enough (yes, trivial for us time-nuts and GPS afficionados, but complex for most others) so it looks like could work to a lot of people, and is attractive, so the stock price would get bid up.
> 
> So, a wise person would do the following:
> --->>> Wait for them to IPO
> --->>> Watch the runup in stock price because it's the greatest thing since sliced bread and will bring broadband to the unwashed masses, resulting in world peace, etc.
> --->>> short the stock or buy a default swap on them going under
> Lightsquared "discovers" that there is an insurmountable regulatory hurdle
> L2 says, "bummer, I guess we have to close up shop or redirect our efforts"
> Stock price crashes
> 
> -->>> Cash in on the default swap or stock puts
> 
> 
> or, a more benign one... you could keep quite a crew of folks busy looking at all the ramifications and implications and doing studies for half a dozen years, and then move onto something else after having burned "other people's money" that was invested.
> 
> _______________________________________________
> time-nuts mailing list -- time-nuts at febo.com
> To unsubscribe, go to https://www.febo.com/cgi-bin/mailman/listinfo/time-nuts
> and follow the instructions there.


_______________________________________________
time-nuts mailing list -- time-nuts at febo.com
To unsubscribe, go to https://www.febo.com/cgi-bin/mailman/listinfo/time-nuts
and follow the instructions there.



      


More information about the time-nuts mailing list