Another (good?) article about Sprint

DSL GURU wrote:

> Talk about misrepresenting an article. It says Sprints stock is so bad,
> you may want to risk investing in it. Sounds like a broker who needs to
> dump some SprintPCS stock trying to find buyers.

I'll leave that questionto everyone else- did I misrepresent this article,
or is Phil starting to believe his own doomsayer crap?



>
> ======================================
>
> Instead of the more than 300,000 in net new subscribers that analysts were
> hoping for, Sprint PCS signed up 184,000. The stock, which traded as high
> as $65 in mid-2000 and as low as $1.75 in October, 2002, took a sharp dive
> on Oct. 23, the day PCS posted results, falling from $5.32 to $4.41. It
> has pretty much stayed there since, closing on Nov. 10 at $4.39.
>
> Now that analysts see Sprint PCS as the cheapest wireless stock, the
> question for investors is whether it's worth taking a gamble on. The
> answer, at least for those willing to tolerate some risk, is that it may
> indeed be. =====================

Do those last three words say that it may worth the risk (associated with
any stock purchase) to invest in?



> P.S. If you had followed that suggestion, you'd be a LOSER so far.
> SprintPCS closed at $4.25 on Friday.
> A 3.5% loss on the week.

And I would have lost with Verizon and AT&T Wireless too, to name a few.
Besides, stock purchases are generally meant to be a longer term investment
than a few days or a week.

---

› See More: Another (good?) article about Sprint

Scott Stephenson wrote:
>
> DSL GURU wrote:
>
> > Talk about misrepresenting an article. It says Sprints stock is so bad,
> > you may want to risk investing in it. Sounds like a broker who needs to
> > dump some SprintPCS stock trying to find buyers.
>
> I'll leave that questionto everyone else- did I misrepresent this article,
> or is Phil starting to believe his own doomsayer crap?

With all due respect, Scott, nobody really cares.

Larry

DSL GURU wrote:

> How is this a good article?
> ======================================
>
> Instead of the more than 300,000 in net new subscribers that analysts were
> hoping for, Sprint PCS signed up 184,000. The stock, which traded as high
> as $65 in mid-2000 and as low as $1.75 in October, 2002, took a sharp dive
> on Oct. 23, the day PCS posted results, falling from $5.32 to $4.41. It
> has pretty much stayed there since, closing on Nov. 10 at $4.39.


Read the rest of the article, moron, and quit obsessing about a single
paragraph.