Lots of Upside to this Stock. Here's why....
by: RandomHike at messages.yahoo.com@m2.yahoo.com
This is a great stock to have, for its upside potential. For instance:
1) Its CDMA platform will certainly be integrated into future 3G technology with
Qualcomm's and Ericcsson's cooperative CDMA agreement. Sprint is also
working with Motorola on developing this third generation technology and,
together, they demonstrated its potential at a recent wireless trade show.
2) Qualcomm is developing a new phone (cdQ 1900) that will include a "Palm
Pilot." It will be released this Summer and, of course, will be CDMA-based. The
phone will have custom e-mail and wireless Internet access (through its pdQ
browser at up to 14.4 kbps) and have all the features of 3COM's Palm III...which
already has a loyal and huge following. All of Qualcomm's pdQ 1900 features
should be available through Sprint PCS's 1900 MHz CDMA-based network.
There is little doubt in my mind that this phone/PDA will attract new and repeat
wireless demand and that Sprint PCS will be best at offering a competitively priced
service package (no contracts, no long distance charges, no roaming charges). The
cdQ 1900 will start at ~$800 and blow away (I think) all the other hand held
devices that do not come equipped with a phone.
3) Sprint PCS's subscriber rates are growing faster than any other wireless service
provider's. This reminds me of why a friend bought AOL at a twice-split adjusted
price of $23/share back in October 1998...AOL's subscriber rates were growing
faster than any other ISP's....5 1/2 months later AOL is at $150/share.
4) PCS has not received any significant press time, until today. Early this morning,
CNBC listed PCS as the second best performing large cap stock during the 1st
Quarter and the Wall Street Journal similarly lists them as #2 on today's page C1.
5) Households may have only 1 computer or 1 cable coming into the home. But
each member of a family could realistically own her/his own wireless device
(possibly creating a demand of ~3 or 4 devices per household).
6) The stock's "story" (wireless Internet/E-mail/E-commerce/Phone capabilities for
every American via today's lowest priced network that will eventually migrate onto
the future's high-speed 3G standard) is a very believable one and, thus, could fuel
investor sentiment and drive the stock hugely forward.
I am long PCS (2150 shares) for all these reasons. Spread the word, buy more,
and hold on tight....or politely tell me otherwise.
Go PCS!
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