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Matt
All noise, no signal.
Premium
join:2003-07-20
Jamestown, NC
kudos:12

reply to SallyStruthe

Re: Increased ETF justified; bogus $1.99 data fees not

I'm self employed and have never been associated with any cell phone company. Nor do I own any stock for that matter. Secondly, I'm not defending anyone. I think the ETF is a pure money grab, but I also am not naive enough to believe that a smartphone costs $100 or that Verizon doesn't pay close to retail for it.
--
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cyclone_z

join:2006-06-19
Ames, IA

said by Matt:

money grab, but I also am not naive enough to believe that a smartphone costs $100 or that Verizon doesn't pay close to retail for it.
Do you believe the car dealer when they say they're selling you the car for $100 over their cost?

Skippy25

join:2000-09-13
Hazelwood, MO

reply to Matt
Well here is one source:
»www.phonesreview.co.uk/2008/06/1···-3g-100/

And I believe if you look around you will find others that have discovered the same thing.


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