Trading a lot less than book value???????/unjustified.
I'm sure the public knows that Sprint has been undervalued for sometime... Unjustified indeed. Who know what the goldmans and morgans are think right now but sure looks like people panicked across the whole market today.
morgan's penny team is out of touch with real dollar moves. goldman is playing into their (morgan's) 8th grade mentality.when rimm comes on board within the next 2 weeks, sprint will pick up the much needed business customer at a 20% discounted service contract from (VZ & T).VZ's problem is themself, they are subletting their wireless dish's out to every tom, dick and harry. their service is OUTRIGHT slow !!!!sprint doesn't give-a-way free mini computer (at their cost) they give discounted $$$$$$, that's what corporations are looking for.bottom should be in. when Obama talks the dow will close @ +/- 25 points or even up 100 points