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To: Clarksterh who wrote (120501)6/16/2002 1:13:30 PM
From: JohnG  Read Replies (1) | Respond to of 152472
 
Clark H. The web site has info on Sprint Corp. Isn't this the consolidated company. You are looking at separate 10K and 10Q for PCS and FON. The interesting point is that PCS is the future of Sprint consolidated. FON is likely to suffer greatly due to rapidly falling long distance tariffs. Some seem to be concerned about the survival of PCS. However it is illogical that the Consolidated company wouldspare any means to insure the health of PCS, even to the point of damaging FON in some way. For example, PCS customers are given 50 "free" minutes per month if they switch to Sprint wired long distance. Therefore, isn't PCS really as healthy as the consolidated company rather than just being as healthy as the tracking stock. This calls to question the validity of the whole tracking stock concept.

For example, if PCS purchases services from FON, will the transfer prices be set to advantage one company or the other.



To: Clarksterh who wrote (120501)6/18/2002 12:26:14 AM
From: hueyone  Read Replies (1) | Respond to of 152472
 
I prefer to look at the 10Q and 10K..... does anyone pay attention to the PE ratios in yahoo?

While your message to check 10Qs and 10ks is certainly commendable, (and there are other great things in the 10ks like the pro forma effects of expensing stock options expense using the Black Scholes model), every time I have checked ttm earnings and the PEs calculated therefrom on Yahoo's quote page over the last two years, the ttm earnings have been entirely consistent with the earnings reported on those companies' SEC filings. Of course if a company has negative earnings over the last year, it gets a N/A for "not applicable" in the PE column.

Perhaps in this case it is the message you are having trouble with rather than the messenger?

finance.yahoo.com

Best, Huey