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AT&T, Inc. Message Board

  • convergent_series convergent_series Feb 3, 2013 7:23 AM Flag

    Rebuttal to WS Cheat Sheet Article, February 2, 2013

    The author analyzes 3 telecom companies and concludes that PCS is the best. It is safe to say that he neglected to take look and see the steep drop the company will experience in earnings during the current year. The yahoo finance section provides plenty of info with respect to PCS earnings.

    Ignoring this author and his articles appear to be a wise move.

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    • I think the Wall Street Journal may be right. PCS is a very young company and already has over nine million customers. They are strictly wireless so no wired network to maintain or replace with FIOS. They don't spend anything for research but benefit from the research of others. The past three years have seen increasing profit however predictions are that this year will break that trend. Both T and VZ have much better gross profit margins but PCS has the advantage of a much lower stock price resulting in a better P/E Ratio. Friday both T & VZ jumped up about 2% and PCS dropped 1.4%. So may you are right.

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