Recent

% | $
Quotes you view appear here for quick access.

Sprint Corporation Message Board

  • cybercash28 cybercash28 Dec 24, 2008 12:23 PM Flag

    WHY??WHY???down from $2.88

    straight down in not many days, 45% down?????doesn't make sense.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • stage being set for 3dollor pps!

    • SHort selling > long buying .

      fundamentally strong and MARKET will correct itself. Always does. ALWAYS.

      Little room for shorts, shorts gets scared at these levels, longs buy, price goes up, shorts cover, price soars....you make $###$$$

    • This is all emotional response to Moody downgrading their debt. The fact is that Sprint is becoming a very well run company and has been since Dan Hesse took over. This guy is a smart guy, and is doing all the right things.

      As of the 3rd Qtr Sprint had >$4 billion in cash, they had free cash flow for the quarter of $1.1 billion, they are paying down debt, they continue to expand their superior 3G network, they are launching a HOT 4G network with Clearwire, their new iPhone competitive device the Instinct continues to set sales records, independent research shows their customer service continues to improve, churn is going down, they are constantly trimming expenses, they have an industry-only customer training program in retail outlets, their ARPU is higher than any other carrier's. I could go on and on. This is, as I said, becoming a VERY well run company.

      So to your answer "Why??Why??" ... ask the idiot analysts. All they see and understand in their weak little pea brains is that Sprint is losing some customers. Did they ever stop to think that Sprint might WANT to lose some of those customers who are defecting? In addition, that churn rate has been constantly dropping since Hesse took the helm...and I'm guessing when they jettison the non-profitable customers, the churn will align with other carriers.

      i just bought a big chunk of Sprint stock. I'm VERY confident that it will start to trend up in late 1st or early 2nd quarter '09.

      • 2 Replies to armcclure
      • To funny,
        "their new iPhone competitive device the Instinct continues to set sales records" Sprint has never released any numbers and no longer even advertises it, so how does anyone know?

        "Did they ever stop to think that Sprint might WANT to lose some of those customers who are defecting?" Sure, every company wants to loose it's most profitable customers as Sprint has done for the past year.

        "they continue to expand their superior 3G network, " Okay, if WiMAX is so "HOT" and the future, why are they continuing to invest in and expand old technology?

        "becoming a very well run company and has been since Dan Hesse took over." Yup, well run companies go through 2 - 3 layoffs and take 9 months to re-organize. Guess the well run company under Hesse didn't get the cost structure right the first time and needed to demoralize the employees again.

        The stock is going down because the company continues to not do well and grow. So the changes Hesse is making are NOT working and the investors may have lost faith in his ability to turn things around.

      • do_you_want_fact_or_rumor do_you_want_fact_or_rumor Dec 24, 2008 1:21 PM Flag

        http://finance.yahoo.com/q/bc?s=S&t=2y

        since hesse and crew took over enough said!

    • I think some of the future of Sprint depends on whether CEO Hesse is right or if the analysts are right. Hesse said the ongoing loss of subscribers is going to stop in the 4th quarter. At least some analysts are calling for another 3 million lost in 2009. The market seems to be pricing in losses way above those numbers... doesn't really make sense to me.

 
S
6.18+0.04(+0.65%)Aug 31 4:01 PMEDT