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  • cwtripps cwtripps Sep 12, 2009 8:07 PM Flag

    T-Mobile could submit a $10.6bn Bid for Sprint. Link Included

    stock will tank on this news! any bid would be at current market cap! S is way overvalued, that's the problem. stock has been running up on these rumors for weeks BTW!

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    • run up in the past few weeks, really!!! where was this runup you've been seeing dumbass..this stock will run now.

    • The nice thing about message archives is that it becomes obvious which way your wind is blowing. As the saying goes, better to remain quiet and have everyone think your idiot than to open your mouth and remove all doubt.

      For the others trying to make sense out of this, if this article is in fact real, I'm sure the author is merely trying to put a point on a subject value, where one is a little murky now. From an accepted accounting standpoint, Sprint is probably undervalued, although I'm always skeptical on their basis because of the subjectivity of goodwill and intangible assets. Who knows if this is real. On the other hand, we can say the same about behemoths T & VZ. Of these three, Sprint is the only one that could possibly be sold. T & VZ are so bloated with debt, that one could make a pretty good case that one, or both will BK in the next 24 months. Current liabilities alone, far exceed their current assets to pay bills in the next 12 months. Not so the case with Sprint; by far the smallest, with least amount of debt, adequate cash; decent ebidta and has the greatest potential for turnaround due to their new products, format and mass advertising.

      Playing this as a takeover candidate is a possibility, but I'm more interested in its ability for a turnaround. The future is in mobile voice and PC application and Sprint offers the best chance of share appreciation at this price and time.

      Not selling; do your own DD, but I'm acquiring on the dips here.

 
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