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Technology Stocks : Sprint Nextel Corporation (S)
S 15.08+0.6%Dec 12 9:30 AM EST
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To: slacker711 who wrote (319)7/20/2000 1:16:20 PM
From: Cooters  Read Replies (1) of 1691
 
Slacker,

I have been very high on PCS since approx. the same timeframe(97) I came across QCOM, and for most of the same reasons. I owned FON initially, then sold it and waited for PCS once the tracker was confirmed. Long since single digits, also like QCOM.

Amazing though, is I follow QCOM like a hawk, but pretty much have PCS on auto-pilot. They have the technology, an aggressive parent born in a competitive environment, and a tracking stock structure allowing them to plan for the long-term and ignore the short-term losses. Unfortunately, that same structure requires a potential suitor to buy FON to get PCS. Even though the WCOM deal did not provide much of a takeover premium, it did allow us to participate directly in PCS's future via a WPCS tracker. They also would have been an aggressive parent. We may not be so lucky next time.

Cooters
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