Re: doomed Nice uninformed comment.
He was president of ATT Wireless back in the day - which was and is in a fully competitive environment...
Re: Dump iDen
said by inteller:What merger condition would that be?
iDEN has to go away anyways as a merger condition so I'm sure they'll get right on that.
"Don't steal. The government hates competition."
Fred Thompson For President 2008 »www.fred08.com
new CEO or no CEO Do I get my freaken Xohm or not?
I don't care if an Umpa Lumpa is running Sprint, all I care about is wireless high speed and who will make it possible.
Saint Clair Shores, MI
| |said by huntml:Yeah, but the aholes on wallstreet keep running their traps and killing the stock. I love it when Sprint comes out and talks about 300million dollar contracts, new technology and then getting a new CEO and the stock still drops all because some overpaid crackhead on wallstreet has to get rich in the next 24 hrs. Didn't these jackoffs learn anything from the Japanese when they all but buried our car industry and other electronic companies in the 70's to present about how long term is better then no term? As sad as it is, Sprint can do no right in anyone's (media and stock brokers eyes). They have good products and a next to none network. But if they are not raking in the doe, they are crap and people talk smack about'em. Well, they have been around for over a hundred years (under different names) and they have weathered many storms. This is just one of the worst.
It is not. It is still a profitable company. In its last quarter, though it did have a net loss in postpaid subs, it was still in the black, it hasn't had a quarter in which it posted an net loss since shortly after the merger, I think (when it took some restructuring charges).
Its balance-sheet position and capital acquisition capabilities are enough to get it through the next couple years at least without being threatened with bankruptcy, so there is still time to turn things around.