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Technology Stocks : Sprint Nextel Corporation (S)
S 16.41-2.1%1:05 PM EST

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To: Bosco who wrote (157)3/18/1999 10:03:00 PM
From: 2brasil  Read Replies (1) of 1691
 
RESEARCH ALERT - CS First Boston starts Sprint
PCS

NEW YORK, March 16 (Reuters) - CS First Boston said analyst Cynthia Motz on
Tuesday started Sprint PCS, the wireless phone service of Sprint Corp. (NYSE:FON -
news), with a buy rating.

-- Set target price at $46.

-- Sprint PCS said Monday it was comfortable with Wall Street forecasts that it would add 650,000 to 700,000 net new
subscribers in the first quarter.

-- Sprint PCS was trading down 5/16 at 39-1/4 on the New York Stock Exchange Tuesday morning.

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Sprint Corp (NYSE:FON - news)
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