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Sprint Corporation Message Board

  • billbrittain3 billbrittain3 Mar 3, 2013 11:24 AM Flag

    The Future of S

    First, and most importantly, the deal with Softbank needs to happen. If for some reason, the deal fails, S will almost certainly drop significantly in price. For those who have followed S, the price of the stock has fluctuated between $5.45 and $5.95 since the Softbank deal was announced last fall. The downside is limited based on the deal which includes $7.30 in cash for 55% of Sprint stock. The upside appears to be limited based on the uncertaintly of the valuation of "New Sprint" stock which will be issued when the deal with Softbank is finalized. Also, the uncertainty with Clearwire ( and the Dish offer) could be affecting the price of S. My belief is that S will break out of this trading range, hopefully in the near future. Sprint is the 3rd largest wireless carrier, it has money to complete its network, and it offers the only "unlimited" plan. I continue to believe in Sprint and find it hard to believe that we will not break above $6.00 for the stock.


    Sentiment: Buy

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