Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: 16yearcycle who wrote (122442)	7/30/2002 12:28:23 PM
From: Sully-	Read Replies (2) \| Respond to of 152472

12:24 ET Sprint FON, PCS pop on news of $1.5 bln credit facility (FON) 8.60 +1.30: Announces it has obtained commitments for a new $1.5 bln revolving bank credit facility, which will replace an existing $2 bln facility that would have expired in Aug 2003; co has no plans to draw against the new facility. Also, Sprint has reduced its outstanding commercial paper from peak levels of nearly $4 bln to zero today, and the co continues to expect to be free cash flow break-even for 2002.