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Sprint Corporation Message Board

  • dunnonuthin1 dunnonuthin1 Oct 9, 2011 9:42 PM Flag

    FinancialTimes: "How Little Anyone Knows"


    There is a special section in the Museum of Preposterous Financial Disclosures devoted to charts that purport to clarify financial performance but leave the numbers off. A prize example came at Sprint Nextel’s presentation on Friday of its plans to upgrade its network.
    Sprint’s share price, which was already down nearly 30 per cent this year, fell a further fifth after the presentation. This seems a perfectly reasonable reaction – given how little anyone knows.


    The above is the beginning and the end of the article as FT discourages cutting and pasting their contents.

    Read the entire article here:

    The financial world is lining up to say Sprint is not "investable."

    This is the real problem when the company will need more money.

    This is an unbelievable development.

    I'm still coming to grip with what happened on Friday.

    The whole world has gone crazy.

    Everyday something unbelievable happens.

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