SI
SI
discoversearch

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.
Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: gravity rules who wrote (13300)4/16/2002 8:25:46 AM
From: chowder  Read Replies (1) | Respond to of 23153
 
Sivle has me being patient. Since we're having a good year, we don't want to get cute and give back those gains.

Historically, this time of the year is when the markets pull back. Many folks here can verify that huge gains off the January effect and later were given back in the past because they didn't adjust their trading style.

Sivle is smarter than me. He's pulling back on the reins. He told me to look for a "best" idea and go with it. He asked me how many "best" ideas can a person have? Not many was my response. BINGO was his answer. So, I'm waiting for a "best" idea to come along.

Protect existing profits and capital while waiting for a "best" idea to come along.

da-Zen-bum



To: gravity rules who wrote (13300)4/16/2002 9:25:12 AM
From: Terry D  Read Replies (1) | Respond to of 23153
 
[EDIT - I doubled down in PCS on 4/11 (Wed?) at an @ of 9.41 - never did any more AWE - was not low enough and bt a lot of WCOM @ 4.54 on the 10th (Tue?) Good day to be meeting a new client. Yes m'am I am always this lucky, er .. smart.]

OK - if we don't get a move today - we are indeed extremely deceased.

Sprint FON Group (FON / NYSE)
The company reported first quarter earnings of 33 cents per share, versus the 30-cent estimate, but below the 35 cents in the same period last year. Consolidated revenues totaled $6.76 billion, an increase of 8 percent from $6.25 billion a year ago. Sprint PCS reported a loss of 15 cents per share, versus expectations calling for a loss of 20 cents.

Sprint FON Group (FON / NYSE)
Morgan Stanley Co.
Raising 2002 estimate to $1.27 per share, as the company's margins showed improvement in the first quarter. Maintain Equal-weight position.

Sprint FON Group (FON / NYSE)
Merrill Lynch
Given the puts and takes primarily surrounding the ION adjustment and the add back due to the allocation of interest expense associated with structure of the tracking stocks, we are raising our 2002 EPS estimate for 2002 by $0.15/share from $1.18 to $1.33.

Sprint PCS Group (PCS / NYSE)
Deutsche Banc Alex Brown
Reiterate Buy rating, after robust first quarter EPS results. The stock is down 59% year-to-date, which we believe is extremely oversold.

Sprint PCS Group (PCS / NYSE)
Salomon Smith Barney
We maintain our Outperform rating, while we are reducing our target price to $14 from $18 to reflect current market valuations. Also raising 2002 and 2003 EPS estimates by $0.20 and $0.22 to ($0.56) and ($0.40), respectively due to cost improvements.