| reply to mlundin
Re: Who cares? said by mlundin:You're right about the revenue, but who cares if it doesn't result in profit? Apple, Coca-Cola, Disney? They all made money last year. Sprint didn't. Neither have any of the car companies, are they hasbeen companies? Probably not. Sprint is nowhere near Chapt 11 and one thing for sure, the network won't just shutoff. It would be sold before that happens.
Large companies don't fold but could morph into something else, which is my point.
I suspect they'll at least stabilize by next year or so and show a profit again. The Nextel division could be sold by then, making them a smaller (but still large) F200 company with promise while solving the source of their drainage problems.
The CDMA side is growing, not shrinking. Xohm will be separate, funded by other parties as well, reducing the risk. Sprint's Internet backbone is the second largest in terms of connections. |
| "Neither have any of the car companies, are they hasbeen companies?"
Some of 'em, yea. If you think that a ginormus company can't fold in a matter of days, you don't have to look too far to be proven wrong: Bear Stearns? Enron? Granted, these were epic collapses related to gross negligence and mismanagement, but no one ever thought Studebaker, once a Down Jones Industrial Average component, would fold either... then one day it just disappeared. Companies can just disappear, doesn't matter how big they are. In Sprint's case, there is substantial infrastructure that would certainly be valuable to someone, but they're a disaster waiting to happen. Size does not make a company invincible. |
