Sprint should lose over $2.25B (.75) EPS this quarter
And I'm being NICE. They will take $2.6B loss on Nextel depreciation and $4B in cap ex over the 2nd half of 2012. They took $782M and $1.2B in cap ex in 2nd quarter to post $1.4B loss. Do the math and ignore the pumpers. They NEVER post facts or logical reasons for what happens to the stock price. They are 1 trick ponies. PUMP PUMP and more PUMP.
I listened to all you pumpturds say that Lightsquared partnership was the answer to donimation in wireless. I (no_deal_lightsquared) told the world that it would never fly. So don't you fools tell me who's right and who's wrong. I know this company better than Hesse!
Look: Sprint has shown analysts who are smarter than you that at this point in time, when Sprint spends money for capex, it actually accomplishes what they wanted with the shutdown of Nextel or the building of the 4G network. So, yes, large expenses will occur right now and make everything look ugly to pocket protector types, in particular. But Sprint will be done spending almost all capex, when the projects are done. And it will be done properly. Then there will be a lot higher ARPU coming in. The revenue extremely high right now. The Sprint managment knows how touchy this whole thing is right now and I'm sure that's why they are going to finally team up with T-Mobile. Because there is no other better gamble than that, and if you pay attention, you can tell that Sprint has a new attitude and will do this if they think it's the right thing to do. For now, the market is betting on this type of scenario. Sure, it might change later. But smarter money than you seems to know something about some joint venture possibilities. So you don't have to flee this stock quickly, most likely. As the analysts and Fitch have told you, there is no acute illness here now. The money situation is handled for quite some time to come.
I don't really care how solid this thinking sounds. Because I have experience figuring out where stock price are going for many many years now. It doesn't matter if I am wrong about the details. It will likely still work out here.