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Old 01-05-2013, 12:57 PM
Griffoun Griffoun is offline
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Join Date: Jan 2006
Posts: 8,380
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Quote:
Originally Posted by EC7 View Post
think its time to get in S (long)?
There's a bit of risk to get in at this time, but it could also be rewarding. Sprint's been a turn-around story in the past a couple years. I got in early so I had quite a bit of roller-coaster ride, but it's not till early last year that the market's finally see the trend turning positive.

Bottom line is, understand how Softbank buys the 70% of Sprint and see how much you value the company, at this point I think (again, that's just me) is around 6.5. It's been trading under $6 for a long long time.

The risks are:
- Churn resulted from shutting down iDEN
- Buying CLWR
- Improve LTE coverage and Network Vision progress

Last edited by Griffoun; 01-05-2013 at 12:59 PM.
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