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Monday, March 12, 2007
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Investors Trash Clearwire; Wall Street Asks 'WhyMAX'

Wall Street's romance with Intel's super-hyped but still-mythical mobile WiMAX has turned out to be painfully brief. WiMAX poster child Clearwire's shares are off 20 percent from their superheated IPO level in barely two days of trading. More than a billion dollars in equity looks to have evaporated almost...
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