Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?

To: Robert Sheldon who wrote (3593)	11/24/1999 8:14:00 PM
From: Cooters	Respond to of 13582

<<Why then, did Sprint set PCS up as a tracking stock? >> Sprint PCS is several years away from turning a profit, so they set it for many of the same reasons T wants to. Cooters

To: Robert Sheldon who wrote (3593)	11/24/1999 8:15:00 PM
From: Wyätt Gwyön	Respond to of 13582

Why then, did Sprint set PCS up as a tracking stock? I don't think PCS made money either. The problem is similar: both T and FON have long-distance voice cash cows, and they both have cap-ex-intensive and moneylosing wireless ops. Similar incentives for separating them. What I wonder is, of the 100BB Bernie E. is shelling out for Sprint, how much is really for PCS? (Considering that the FCC is going to force WCOM to dispose of some of Sprint's assets, the answer could be "most of it")