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Technology Stocks : i3 Mobile (IIIM) -- Wireless Internet Portal

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To: Shadow who wrote (79)11/4/2000 11:19:27 AM
From: Walter Morton  Read Replies (1) of 96
 
Meanwhile, Sprint said revenues at its wireless telephone arm, Sprint PCS, (NYSE:PCS - news), will grow about 90 percent in 2000. Sales growth will slow to 50 percent in 2001, and 30 percent to 35 percent in 2002. The dim forecast comes even as U.S. wireless subscriber growth is expected to soar.

dailynews.yahoo.com

Subscriber are increasing (which is good for IIIM) but Sprint PCS's revenue is growing at a declining rate. My guess is that is do to pricing pressures from other competitors.
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