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Technology Stocks : Sprint Nextel Corporation (S) -- Ignore unavailable to you. Want to Upgrade?

To: John Hayman who wrote (414)1/30/2002 10:36:07 AM
From: John Hayman  Read Replies (1) | Respond to of 1691
 
Well, to answer my own question.

I just looked at its chart....IPO at end of 1998 around $7 bucks. It ran up to about 15 or 16 and took a breather.....right where we are now! So, I would think this price area might hold. But.......if it doesn't a fall to $7 isn't that "out of the question".

A hold here and then a bounce to 18ish???

Opinions??

John



To: John Hayman who wrote (414)1/30/2002 10:43:24 AM
From: Rono  Read Replies (1) | Respond to of 1691
 
According to Ersey, PCS should be profitable in 2003.

Since its launch, Sprint PCS has lost more than $6 billion, but Esrey said he expects the company to be profitable
in 2003.

Message 16939423

The market says seeing is believing.

Ron


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