An Open Challenge to SSOBol

If SprintPCS is such a geat company, how much stock have you bought this week
at its new way lower price??

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› See More: An Open Challenge to SSOBol

CAT0NHAT <[email protected]> wrote:
> If SprintPCS is such a geat company, how much stock have you bought this week
> at its new way lower price??

Way to ignore the question. You plonked me, and when I asked you about it,
you did a U-turn... obtw, I've never owned Sprint stock.

Liar.

--
JustThe.net Internet & New Media Services
22674 Motnocab Road * Apple Valley, CA 92307-1950
Steve Sobol, Proprietor
888.480.4NET (4638) * 248.724.4NET * [email protected]

>> If SprintPCS is such a geat company, how much
>> stock have you bought this week
>> at its new way lower price??

[email protected] says

> I've never owned Sprint stock.

Don't think it will survive?

CAT0NHAT <[email protected]> wrote:
>>> If SprintPCS is such a geat company, how much
>>> stock have you bought this week
>>> at its new way lower price??
>
> [email protected] says
>
>> I've never owned Sprint stock.
>
> Don't think it will survive?

Nahh, it's not Sprint in particular I don't like; I am just not a fan of
playing the market in the first place. Hell, I just closed out an IRA* that
was invested in what is supposed to be one of the most stable, well-
managed mutual funds available today, and between 2000 and 2003, I *still*
lost money. 9/11 and the general economic malaise contributed quite
significantly to that, and my broker was dinging me with fees on top of
that.

*Yup, I am going to have to pay the IRS a 10% penalty at the end of the
year as a result, but long-term, I'd still have lost money if I didn't
close the account.

--
JustThe.net Internet & New Media Services
22674 Motnocab Road * Apple Valley, CA 92307-1950
Steve Sobol, Proprietor
888.480.4NET (4638) * 248.724.4NET * [email protected]

"Steven J Sobol" <[email protected]> wrote in message
news:[email protected]...
>
> Nahh, it's not Sprint in particular I don't like; I am just not a fan of
> playing the market in the first place. Hell, I just closed out an IRA*
that
> was invested in what is supposed to be one of the most stable, well-
> managed mutual funds available today, and between 2000 and 2003, I *still*
> lost money. 9/11 and the general economic malaise contributed quite
> significantly to that, and my broker was dinging me with fees on top of
> that.
>
> *Yup, I am going to have to pay the IRS a 10% penalty at the end of the
> year as a result, but long-term, I'd still have lost money if I didn't
> close the account.
>

Besides even Phillipe should know that what makes a good investment depends
upon the investor. Some investors can handle the risk of some stocks and
others can not. However, it appears that Phillipe doesn't really care about
you and your investment, he only cares that his reply will throw another dig
at Sprint PCS. No other purpose exists in Phillipe's posting.

Oh ... in your case, you could have found a brokerage or other financial
institution to transfer your IRA to that wouldn't charge you fees for
maintaining your account (or very minimal fees). In general, stay away from
the BIG BANKS [for investment] like Wells Fargo, US Bank, etc, because they
gouge the hell out of you. They get away with it because most of there
customers are too lazy to look anywhere else for service.

Tom Veldhouse

Thomas T. Veldhouse <[email protected]> wrote:

> Besides even Phillipe should know that what makes a good investment depends
> upon the investor. Some investors can handle the risk of some stocks and
> others can not. However, it appears that Phillipe doesn't really care about
> you and your investment, he only cares that his reply will throw another dig
> at Sprint PCS. No other purpose exists in Phillipe's posting.

I know, Thom, but unlike him, *I* like to post facts to back up my arguments.

I know I'm probably just "pissing into the wind" by replying to him, but if
I'm going to reply to him at all, I should at least give some substance to
my replies; if I don't, that makes me a pretty big hypocrite.

> Oh ... in your case, you could have found a brokerage or other financial
> institution to transfer your IRA to that wouldn't charge you fees for
> maintaining your account (or very minimal fees). In general, stay away from
> the BIG BANKS [for investment] like Wells Fargo, US Bank, etc, because they
> gouge the hell out of you. They get away with it because most of there
> customers are too lazy to look anywhere else for service.

In my case, I hooked up with a great guy who works for Merrill Lynch at their
Cleveland, Ohio office. My father uses him and recommended him to me, and he
is very knowledgeable. My big problem with the fees was that I didn't end up
having the money I planned to sink into the IRA, and I ended up getting
charged low-balance fees as a result.

I don't think he handles my account anymore, so I don't know that there is
any benefit to re-opening account with ML, although I really like their
online account management tools.

--
JustThe.net Internet & New Media Services
22674 Motnocab Road * Apple Valley, CA 92307-1950
Steve Sobol, Proprietor
888.480.4NET (4638) * 248.724.4NET * [email protected]

[email protected]

> Besides even Phillipe should know that what makes > a good investment depends
> upon the investor. Some investors can handle the > risk of some stocks and
> others can not.


Exactly, so you're admitting SprintPCS which crashed last week is a risky
investment.

In article <[email protected]>,
CAT0NHAT <[email protected]> wrote:
>Exactly, so you're admitting SprintPCS which crashed last week is a risky
>investment.

Any technical or telecom stock is a risky investment. Hell, the DJIA
is a risky investment, as demonstrated over the last ten years or so.

All of the cell phone companies are incredibly risky; a single technological
overhaul could kill any of them.

-s
--
Copyright 2003, all wrongs reversed. Peter Seebach / [email protected]
http://www.seebs.net/log/ - YA blog. http://www.seebs.net/ - homepage.
C/Unix wizard, pro-commerce radical, spam fighter. Boycott Spamazon!
Consulting, computers, web hosting, and shell access: http://www.plethora.net/

> All of the cell phone companies are incredibly
> risky; a single technological
> overhaul could kill any of them.

A company with a high churn and a low rated customer service is not one any
sane person should invest in, and pointing out that another carrier also had a
stock drop (although not as bad) does not lessen it.

SprintPCS reported a loss for last quarter, it's stock price crashed, and
SprintPCS apologists are making like its no big deal, so I said if its no big
deal then how much SprintPCS stock did you buy. So they make like they didnt
buy any cause all stocks are risky. A lame claim.

No - money losing stocks of companies losing market share are to be avoided.

CAT0NHAT <[email protected]> wrote:
> [email protected]
>
>> Besides even Phillipe should know that what makes > a good investment depends
>> upon the investor. Some investors can handle the > risk of some stocks and
>> others can not.
>
>
> Exactly, so you're admitting SprintPCS which crashed last week is a risky
> investment.

Dear flaming idiot,

I didn't write that, Thomas V wrote that. Learn to attribute properly.

And guess what: *all* stock investments involve risk. Which is not to say that
Sprint PCS is, or has recently been, a good buy. I don't follow the market
and can't comment either way. But when the direction the market takes is
based largely on speculation (again, not referring specifically to SPCS,
just making a general comment) - yeah, there's going to be a lot of risk
involved.

--
JustThe.net Internet & New Media Services
22674 Motnocab Road * Apple Valley, CA 92307-1950
Steve Sobol, Proprietor
888.480.4NET (4638) * 248.724.4NET * [email protected]

Seebs <[email protected]> wrote:

> Any technical or telecom stock is a risky investment. Hell, the DJIA
> is a risky investment, as demonstrated over the last ten years or so.

And even more so in the past three years...

--
JustThe.net Internet & New Media Services
22674 Motnocab Road * Apple Valley, CA 92307-1950
Steve Sobol, Proprietor
888.480.4NET (4638) * 248.724.4NET * [email protected]

CAT0NHAT <[email protected]> wrote:

> SprintPCS reported a loss for last quarter, it's stock price crashed, and
> SprintPCS apologists are making like its no big deal

In the long term, it probably isn't. Have you replied yet to that point I
made that I'm supposed to be plonked?

Oh, wait a minute, *you* don't have to back up what you say.

--
JustThe.net Internet & New Media Services
22674 Motnocab Road * Apple Valley, CA 92307-1950
Steve Sobol, Proprietor
888.480.4NET (4638) * 248.724.4NET * [email protected]

CAT0NHAT wrote:

>> All of the cell phone companies are incredibly
>> risky; a single technological
>> overhaul could kill any of them.
>
> A company with a high churn and a low rated customer service is not one
> any sane person should invest in, and pointing out that another carrier
> also had a stock drop (although not as bad) does not lessen it.

So any company with less than a 70% Customer Satisfaction should be avoided?


>
> SprintPCS reported a loss for last quarter, it's stock price crashed, and
> SprintPCS apologists are making like its no big deal, so I said if its no
> big deal then how much SprintPCS stock did you buy. So they make like they
> didnt buy any cause all stocks are risky. A lame claim.

Nextel lost money every quarter until early last year- guess you didn't know
that.


>
> No - money losing stocks of companies losing market share are to be
> avoided.

Nope- made lots of money on stocks that were able to turn around.

CAT0NHAT wrote:



>
> SprintPCS reported a loss for last quarter, it's stock price crashed, and
> SprintPCS apologists are making like its no big deal, so I said if its no
> big deal then how much SprintPCS stock did you buy. So they make like they
> didnt buy any cause all stocks are risky. A lame claim.

Nextel lost money every quarter until early last year- guess you didn't know
that.


>
> No - money losing stocks of companies losing market share are to be
> avoided.

>> Nope- made lots of money on stocks that were
>> able to turn around.

Nextel has been gaining market share SprintPCS hasnt, thats the difference. And
since youy arent buying Sprint stock you must agree its not turning around
anytime soon, and the Reuters stories are saying its not even a good takeover
candidate. Not with the worst Customer Service as rated by JD Power and
Consumer Reports, but its the high churn that proves that, and Nov. 24 churn
will likely increase by 50%

CAT0NHAT wrote:

> CAT0NHAT wrote:
>
>
>
>>
>> SprintPCS reported a loss for last quarter, it's stock price crashed, and
>> SprintPCS apologists are making like its no big deal, so I said if its no
>> big deal then how much SprintPCS stock did you buy. So they make like
>> they didnt buy any cause all stocks are risky. A lame claim.
>
> Nextel lost money every quarter until early last year- guess you didn't
> know that.
>
>
>>
>> No - money losing stocks of companies losing market share are to be
>> avoided.
>
>>> Nope- made lots of money on stocks that were
>>> able to turn around.
>
> Nextel has been gaining market share SprintPCS hasnt, thats the
> difference. And since youy arent buying Sprint stock you must agree its
> not turning around anytime soon, and the Reuters stories are saying its
> not even a good takeover candidate. Not with the worst Customer Service as
> rated by JD Power and Consumer Reports, but its the high churn that proves
> that, and Nov. 24 churn will likely increase by 50%


You ingored the other answer I gave- how about companies with less than 70%
Customer Staisfaction? Are they to be avoided?