Sprint Nextel Corporation (S) Message Board

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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: Cooters who wrote (339)	9/25/2000 10:14:08 AM
From: slacker711	Read Replies (3) of 1691

The 2003 50's are around 3 1/2 and the 2003 60's are about 2 1/2. Both a steal for the future I envision for PCS. We definitely think alike....though I'm not sure if I am going to get those prices this morning. I have one question on the 2003's. If there is a takeover in the interim for stock, particularly at these fire sale prices, I assume the LEAP would convert to the new stock. If the takeover is for cash, however unlikely, I suspect I'm screwed. Any other opinions. If it's for cash, I definitely think we are screwed. It happened to me when Intel took over DSP....the takeover was right below my strikeprice (with a cash bid). I can definitely see the downside to a tracking stock now. With the current shareprice FON should be thinking about spinning off the rest of PCS. I wish I tracked PCS/FON management better....I have no idea how shareholder friendly they are. Still looking for a downside at this shareprice.....I think I will continue accumulating until I see one. Reminds me of TXN/QCOM in '98, I get nervous when I cant find the black clouds. Slacker

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