Wireless Facilities Learns a Hard Lesson

'Taint what you do, it's the way that you do it.

That old jazz standard should have been playing Monday when Wireless Facilities posted its third-quarter earnings and began mourning over what is already shaping up to be a dismal fourth quarter.

WFI manages outsourced wireless engineering and network projects, and it's clearly choosing to do the right projects. Just look at some of its recent contracts: supplying RFID technology to the Department of Defense and wireless services to Madison, Wis. It also is partnering with Google in a bid to make San Francisco a 49-square-mile wireless zone. ...