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To: Joe Griffin who wrote (14361)6/3/1998 11:39:00 AM
From: Zoltan!  Read Replies (2) | Respond to of 77400
 
>>Here is another view of the SPRINT story:

From this morning's NY TIMES: Sprint's Presentation
Underwhelms

On Monday Sprint Corp. treated investors and analysts to a
dazzling multimedia display for a planned new communications
network. The crowd was unimpressed.
<<

That's your story, not the NYT.

Every once is a while there appears someone that seeks to distort news reports to fit their scheme. You meet and exceed that standard.

The actual story was far different than your ham-handedly edited distort:

Marketplace: Sprint's Dazzling Presentation
Underwhelms

Related Articles
Sprint to Announce Plans for Local Markets (June 2)
Sprint Wireless Spin-Off Called Near (May 19)
Sprint's Stability Sees Stock Outshine Its Competitors (Oct. 24, 1997)

By SETH SCHIESEL

When the Sprint Corp. decided to whip up attention for a planned new
communications network, it followed a careful plan.

On Monday, it invited stock analysts
and members of the news media to
come the next day to the Richard
Rodgers Theater in Times Square
for an announcement about "a
revolutionary capability that will
change the way businesses and
homes use telecommunications."

Once at the theater, Sprint's guests
were treated to a dazzling
multimedia display that included a
cutaway replica of a
technology-energized house on
stage.


Despite the buildup, Sprint's stock rose just 50 cents on Tuesday, to close at
$72.4375.

The underwhelming response from investors largely reflected the missing
details, in terms of technology and business plan, from the company's
presentation. Besides, the shares had already had a strong run-up this year,
rising 24 percent to trade at 41 times estimated earnings, mainly on speculation
that Sprint would soon be acquired soon, perhaps by a local telephone
company...
nytimes.com