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

To: slacker711 who wrote (419)	1/30/2002 3:03:27 PM
From: Rono	Respond to of 1691

Good point and excellent article. Sooner or later these wireless dogs will turn into cash cows, it just seems unconventional the wireless market needs to saturate before realizing their value. I suppose the "show me the money and NOW" Wall Street mantra prevents any positive forward looking projections from appearing in todays valuation. Or maybe the recent pressure in the wireless market is due to the fear of both slowing growth, as reported by some operators AND continued spending, the double whammy. Large telecom debt and losses along with recent bankruptcies have struck fear and uncertainty in both individual investors and institutions, and maybe the thought is WSPs are the next sucker on a stick. IMO, todays prices look attractive. They could go lower yet, but with a two or three year horizon, I think the returns are worth the risk. Ron