Both sides discuss points that have little significance or are out of date, speculative and often do not appear to have been understood past the headlines.. which are often proven to have been blown up out of proportions (as is typical of headlines) or misunderstood.
The only advantage small investors have is that they can be more agile than larger investors, funds, insiders, etc. because their buying and selling doesn't influence the movement of the stock much. Small investors are generally at a deficit in time they can spend, expertise, ability to buy in expert opinion and receive it ahead of the broad market. The Internet can be a great leveler, allowing exchange of information so that each individual can figure things out without spending a fortune or as much time. Instead, this board has been taken over by trivial pursuits that make much of the information worthless. I don't care to waste much time here. There are still posts the unearth information and share ideas which is a reason to monitor this board as it is the most active on US telecommunications stocks.
If the goal is to invest to make money, the board content must be filtered to get at what counts. I don't much care what D&C or other funds do. I've met in the past with several fund managers.. some are good but most cover a lot of companies and are not on top of most of them. Their performance tells their worth.. D&C is not worth following or investing iimo.
What difference does it make if a fund buys or sells a stock? The corporate entity should be judged just like you and me: the importance of what they do/say is based on their performance. DNC has held Sprint (S) in several funds that, on balance, have under performed the S&P 500. So all it means if they buy or sell is that they are likely to have made the same lame decision in each new instance as that they have in the past.
Why would anyone want to follow the lead of losers?
You are one pimpled little #$%$ ant.
You guys, hypster clowns and meaningless bashers post 100s of times on Dodge and Cox without it meaning anything other than D&C bought or sold shares for various funds, the majority of which under perform the major indexes. I did not post on this topic because I think its irrelevant ... it shows how lame most posters are here. Your childish baiting for me to respond finally got me to.
I say this does not matter and the focus on whether D&C bought or sold is stupid.
1. Dodge and Cox, from a search of prospectus on their website, shows holdings of Sprint in several funds.
2. All the funds that held Sprint I found under performed the S&P's 500 Index.
What does buying or selling of some holdings in an under performing fund mean? If all you want to do is under perform, which is apparently OK with you, then buy an index fund instead of individual stocks.
You state greek posts facts... forecasts by any analyst is not 'facts. Forecasts or valuations that are multiple times that which the company itself holds the value to be and what independent analysts assess it to be is not fact except as it being a fact that someone went through the tortuous process of sitting down to a keyboard and mashing their finger tips to concoct it. Moreover, Greekthief took the Bloomberg Intelligence and Wells Fargo statements out of context... go back and read the entire articles and articles from both sources that came out following those now dated ones.. if you still think that the excerpts are the full story then you are nuts or a #$%$ liar.
What T-Mobile is providing is much more generic and open than zero-rating of service: content providers, 24 at present, provide their typical content, usually at a higher resolution such as 720p or 1080p. In order to optimize it for mobile, as T-mobile offers it, they require that the data packets contain identification information. Standard video formats contain header information that describes specifically how the video is formatted/encoded. That information is used widely such as in your phone or PC's video player to decode the stream or file into the device's screen display format and do scaling as you re-size the displayed image. T-Mobile said that they are open to any supplier of content that applies to use Gorge-On service so long as they meet these basic requirements needed to decode, down-scale and re-transmit the streaming content.
That is not zero-rating because its open to all providers and no money changes hands either to implement it or to use it. It will not run into problems beyond the typical hassle of being up for review and taking jabs from idiot noobs.
Read before posting. This article's writer either does not understand what he is writing about or just wanted to get an article published on this 'hot topic' while it remains hot. Zero-rating service as Crawford had commented and is typically defined is where the suppliers of the service, in this case video feeds, helps subsidize the servicing of their content. That is done two ways. First by paying the operator to provide facilities based optimization, which can be as simple as expedited traffic routing to as extensive as providing distributed content servers either on the network edge or driven into the cell.. as far into it as to the individual base station locations. Or the service provider can provide their own optimized infrastructure that pipes into the mobile operator's network. If that were the case then T-mobile would not have built their own infrastructure as they have. So, T-Mobile is not providing zero-rating service. Another assumed part of this is that zero-rating service would be exclusive to those who made special provisions with the operator and exclusive to those who either didn't pay for or provide their own infrastructure. That is not the case here.
Take away: Do not believe every idiot who has a keyboard.. even those who write for 'esteemed journals' and such. The world is full of deedle brained idiots.. who do not know or care to understand as much as us regular idiots.
Sprint (S) has moved down to a support level that draws in buying. The next support is at about 3.84 which corresponds to a recent previous low and prior break out level. The combined support levels set up as a likely near-term bottom of the downward trend and setting in of a new trading range imo.
What to do now? Short-term traders may look to place buy orders at this or slightly lower price level followed by stop-loss momentum following orders once executed. Short term short sellers may wish to cover/reload for the next round. Long term short interest has moved down slightly to 171M shares from 177M recently so that influence looks out of the picture for dampening of upward bias.
This is not a long term buy endorsement of Sprint. S remains a trading vehicle until/unless they show extraordinary improvement in cash flows.
This approach is considered typical of both Patent Trolls and legitimate patent licencors: Small entities, regardless of the validity and value of their patents, face the challenge of getting paid for what they purport as valid inventions/patents. Large firms have the money and legal muscle to fight patent claims.. whether they are valid or not. Why do large firms pay royalties or lump sums to secure licenses to patents? It is seldom 'out of the kindness of their hearts'. Most often it is either because they see the merits of the technology significantly outweigh the costs of acquiring the rights. If, on the other hand, they view the inventor/company as being financially weak and unable to afford a protracted legal battle, they may elect to wage a legal battle.
Due to that, small entities pursuing licensing often set reasonable goals for licensing royalties or lump sum payment. And, more often, they pursue small companies for licensing before going after large ones. The reason for that is multi-fold: by securing voluntary/out of court licenses, the patent holder establishes a form of de-facto validation beyond the grant of patents by the PTO. Justification for taking licenses within companies is made easier 'our competitors have licensed' answers the issue of 'can we afford it competitively'.
After securing multiple small licenses larger companies then are pursued.
Imo, Parkervision is a Patent Troll due to the fact the patents are invalid and commercially worthless. It looks like the pursuit of small licensees may keep PV a pink sheet company.. or can JP sell this on new suckers, er investors?
This is absurd.
Greekthief's making the assertion that dividends might be paid seems aimed at investors who have the mistaken belief that Sprint is a safe company that has no risk of defaulting on it debt or being financially reorganized. It is the polar opposite of Sprint's financial reality.. obviously an attempt to confuse and obscure those who cannot or are too lazy to read Sprint's quarterly or analysts reports.
..for Softbank Group...Sprint will not pay dividends... it is humorously stupid to insist that as a possibility.
Context: Masa Son was speaking to Softbank shareholders. Fact: Sprint can generate positive cash flow for the conglomerate even while Sprint is going bankrupt. If it turns out that the combination of Alibaba and other major revenue pieces of Softbank such as Brightstar that do business with Sprint spin out excess cash, Softbank, I imagine, might pay that out to Softbank shareholders in the form of dividends or a share buyback of softbank shares. If you fellow idiots know anything about business you understand that parent companies do not gift their sibling's shareholders with cash when the business is losing money and has debt obligations to fulfill. You must be telling people to buy SFTBY stock as I'm sure you cannot think Sprint, a nearly bankrupt company, can pay their shareholders a dividend... nobody can be that dumb.
The question is not whether T-Mobile can afford to offer the plan but whether they can afford not to.
Everyone has long known that convergence between wireless broadband and TV/movie and Internet media was going to be a fact of life for the industry. Given that this is inevitable and that the duopolists AT&T and Verizon have spent tens of billions of dollars in acquisitions and network and service installations to provide merged services, T-mobile and Sprint are placed in the position of either watching their rivals create the new pivot point for sales and profit creation or make preemptive moves to shift the market focus away from them. Only T-mobile is now in position to do that while Sprint is caught up in binding its wounds in hopes of a healthy recovery down the road.
How does this work out for T-Mobile? Offering free bandwidth for down-scaled video streams poses the threat of increasing net traffic on the network, causing more congestion that is already projected to occur had TMUS not taken this step. However, by doing so, T-Mobile likely will extend their already impressive marketshare gain momentum. If it works out that TM simply continues to add subscribers at the same pace as they have over the past two years the company will add another 10-15 million subs over the next two years. That increment of growth affords the cash flow/capital to build out the AWS spectrum which provides higher capacity thus supporting the higher bandwidth requirements. And that is what the business is all about: designing a market strategy that is matched with a spectrum and network build and optimization strategy that pushes right up to the edge of capacity constraints but doesn't break them: "Bent but not Broken" is the formula to build profitable cash flow based on rolling up of most efficient technology and business practices.
Sprint would like to say "Don't Bogart that joint my friend.. pass it over to me." But they can't afford theprice of entry.
These things, the end to free snack bars, taking out of trash, etc. are token measures that neither make or break Sprint as an investment.
What significance do these things have? I think that it matters as signpost gestures .. the dollar savings is less than the interest on Sprint's debt for a single quarter.. a few hundred million dollars is big money to a person like myself but it will not tip the scales. However, what these measures do is mark, first the first time in Sprint's history, just how badly the company has been managed in the past that caused Sprint to get into the dire situation they now find themselves. "Take out the Trash"... Take out the complacency, the nihilistic dead-headed thinking, take out all stops.
A recent article pointed out that this type of measure is bad for productivity.. 22% of leading creative companies provide snack bars to employees - proven to reduce time spent pursuing snack breaks and result in more casual exchange between groups... and all that jazz. However, Sprint is a special case: times have been desperate for Sprint for the past 12+ years yet the company acted as if half measures would fix things to put the company higher up in the competitive ranks. The underlying truth has been that Sprtinsy wintsy has been a financial basket case with misplaced understanding of how to apply the new field of technology to markets. Masa Son and Claure have their hands tied behind their backs by financial constraints.. but the recent moves show they are squaring up with the degree of the problems that have long faced the derelict company.
T-Mobile (TMUS) looks extremely oversold and at past lows. Technically the stock looks like it could break lower or bounce back up into the higher end of the range between 36 and 43. I think TMUS will likely head higher as the impact of its just announced GorgeOn and increased data bucket plans rolls through the media and investment community.
T-M's new plans take on the emerging video everywhere data market head on.. challenging the 'dumb and dumber' BORG like market dominators with a direct assault to the industry move to both pump up and satisfy demand by charging premiums and overages.
What shifts this from being a reaction to pending industry shifts to a brilliant strategy is market and network evolution timing. Rather than wait for Verizon and AT&T to rape the market and leave T-Mobile with sloppy seconds, Legere, Neville and company are sidestepping their plans to once again steal market momentum.
Behind them are, at present count, 24 of the nation's and among the world's largest OTT, over the top, media services providers. That brings multiple voices to champion the cause for consumer choice and "Moore- Alamouti's Law of wireless" (my quote) of technological evolution: that data capacity for the same hertz of frequency bandwidth will at least double every 18 months at the same cost. Given that 20+ year proven axiom of the wireless industry, it 'is only natural' to offer higher capacity for the same money or to cut costs for static capacity limit plans. While Dumb and Dumber are trying to horn-shoe their own laws of economics, that of monopolies, into the how customer pay more to get what costs them less to deliver if they innovate, T-mobile is pursuing a fair margin of the 'Wireless Broadband Revolution" that has for long been castrated by neanderthal thinking.
Wrong stock board.. you are looking for the BABA or SFTBY stock boards.. which would have been great investment choices. This is the Sprint (S) stock board. It is, thus far, admittedly been very frustrating for Masa Son. Fortunately, one mistake does not derail his overall record of accomplishments. Besides, once Sprint goes through financial restructuring and is freed of common stockholders, he will be able to turn his attention on pursuit of the next Alibaba that Softbank is pursuing in India and other growth markets. Masa Son's overall vision is not perfect. Along with brilliant successes including Yahoo! Japan which he pushed into eCommerce and Alibaba which he helped to inspire, Masa has the pain in the buttocks company called Sprintsy wintsy.
Your problem is that you are clinging to a scenario that Masa Son admitted well over a year ago has not worked out as Softbank had expected. You say Masa Son is brilliant in understanding how his vision for acquisitions will work when the man himself clear says you are full of baloney.
What has Son said? Once again we have to try to pound common sense into your cement thick skull: Masa Son admitted 18 months ago that Sprint was not being turned around as his vision was explained at the time of Sprint's acquisition. He hired Claure, overall a good desperation type move, and among the first things the new CEO did was announce cuts in spending and 'street fighting' and price cutting marketing plans. The vision was forced to shift.. it was NOT in Masa Son's original expectations as sold to both Softbank and Sprint investors and analysts. The revised plan then was shown not to work: Sprint touted gains in subscribers that were hyped - increased data plans while core subs continued to decline and T-Mobile moved past Sprint into the 3rd largest carrier spot.
What many have a problem with you posting is you tout a forlorn plan that was kicked to the curb by circumstances. No, you are dead wrong, Masa Son's plan was shortsighted and mistaken. Son must have thought the US situation was much like what he had experienced in Japan.. that was a foolish mistake by any reckoning. Some of us tried to point that out.. and folks, including you, said I was wrong... that Network Vision and Spark were the cats meow because Masa Son is the ultimate maverick.
What is it with people worshipers? People I have known have to put their pants on one leg at a time and do not walk on water once they do.
OK, a short term spike did occur... it was a blip which many would not have taken advantage unless they used program trading platform... and then it may have worked against them.
Your post makes no sense: T-mobile has been gaining marketshare against all major competitors and has displaced Sprint in the number 3 spot while moving up on AT&T.
A valid question is whether T-Mobile is overselling their data/video handling capabilities as Verizon and AT&T push video services into the market. Time will tell.. T-Mobile may get somewhat overextended.. however the move to provide a down-scaled mobile video format as free OTT, over the top, service that doesn't impact 3GB up data plans is brilliant imo. This reframes for competitors how their mobile services will appeal to a large portion of consumers.
Good post mobius. I think the path forward is constrained. However, your points are valid, mainly that a return to health will likely take time (if it occurs) and that investors should watch for results to prove the business case.. which is much of what the MBA program case study method boils down to.
T-Mobile has announced "Gorge-On", free video streaming for 3G plus data plans.
This optimizes all video services that comply with minimal data identification requirements for video devices. Its said to deliver 3X data efficiency by use of proprietary optimization through their T-Mobile data packet network.
The service likely achieves a significant portion of the higher data optimization through down-scaling of video streams to 480p. However, the company countered media questions by saying this is free, taking the burden off of customer's data plans. Compared to 'Dumb and Dumber', this eliminates subscribers concerns of overages charges or need to upgrade to higher data bucket plans. Much video streams at a higher screen bit rate than the bandwidth or device can handle.
In cases where the user has WiFi available, the service is switched to higher bit rate, such as 1080p video stream as is available from the service.
T-mobile's event featured some 20 of the top video service providers including popular NetFlix, Hulu, and Fling. Missing was YouTube which didn't meet T-M's technical requirements but which Legere said is open to join Binge-On when they do.
Questions on net neutrality were fielded: T-mobile will not have a problem with the FCC over NN because 1) the service is free and can be switched on or off by the customer at will. 2) The service is open to all video suppliers from 'the guy working in his basement', as Legere put it, to the largest companies. To drill home that point, T-Mobile made a big deal about providing Verizon's Go90 on Gorge-On. T-M took it on their own to optimize Go90 for Binge-On streaming... Neville Ray is a clever fellow.
Meanwhile Sprint struggles to deliver high data in some places.. castrated by incomplete coverage due to spectrum mis-match and empty checking account in other places.