The good news for Clearwire was the display of a chart that showed smaller footprint cell sites that would include base station cards for a multiplicity of services including: LTE (yes, long term evolution), WIMAX, some successor concept that would continue to use the IDEN spectrum in the low bands to keep the push to talk business users happy, and CDMA as well.
In the chart (see above) we display the return profile for a product like the Merrill note: a three-times return in the 0%-to-6% range, a flat 18% return if the market does better than 6% and a full participation in losses if the market goes down.
Imagine having a group of display cubes when it comes time to plan the seating chartfor a reception -- each cube could represent one individual, with a color-coded background and a name or photo up top, with different descriptive elements on each side.