clock menu more-arrow no yes

Filed under:

Curbed Finance Corner: Wireless Out, Mortgages In

Spent the weekend looking at apartments, yet can't escape the dull nag that the market is a wee bit overpriced? Read no further! Wireless networking company Aether Systems, a typical dot-com boom-to-bust story, has decided to use its remaining cash to buy a portfolio of mortgage-backed securities, then borrow anew to overleverage itself in the field. We know what you're thinking: the ticker is AETH.
· Aetherial Gains [Slate]