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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Wyätt Gwyön who wrote (113727)2/20/2002 8:33:44 AM
From: slacker711  Read Replies (1) | Respond to of 152472
 
Sprint is having a harder time accessing the short-term commercial-paper market, as investors become nervous about the balance sheets of all sorts of large companies.

I cant access the article...but here is the briefing.com synopsis.

finance.yahoo.com

7:08AM Sprint FON's finances makes commercial-paper borrowing more difficult -- WSJ (FON) 12.90: WSJ reports that concerns about Sprint's finances is making it more difficult for co to access the short-term commercial-paper market. If shut out of the commercial-paper market, co could have to find other means of obtaining financing. Some analysts believe this could lead to a downgrade of co's credit rating, which might put even more pressure on the already battered stock.

My guess is that the infrastructure suppliers (MOT, LU and ERICY) along with the cable operators are next (Comcast, T, AOL?).

Slacker