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.
======================================
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.
=====================
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.
> 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?
> ======================================
>
[quoted text clipped - 8 lines]
> 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.
Lawrence Glasser - 15 Nov 2003 16:17 GMT
> > 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 - 15 Nov 2003 23:11 GMT
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.
Scott Stephenson - 15 Nov 2003 23:18 GMT
> How is this a good article?
> ======================================
[quoted text clipped - 4 lines]
> 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.