Sprint/Nextel stock - FMVperformance.com : The site for all your Ford Mazda and Volvo needs
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post #1 of 47 (permalink) Old 03-22-2008, 09:35 PM Thread Starter
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Sprint/Nextel stock

Just bought 156 shares of Sprint stock. I'm only buying this stock to see Sprint get bought out. So far discussions have been buyouts between T-Mobile, Google?, and a company that started with a V. I bought this stock on a tip from a family member and felt for the amount of shares I'm getting at the current trading price that things are going to look forward with Sprint/Nextel. Sprint also hired a new President and CEO, Mr. Hesse, to flip the company around. The customer service is going to be revamped, since most calls are taking by Indians. Nothing wrong with them but they are hard to understand. Once that slowly starts getting better and maybe the overall phone coverage gets better the stock will slowly start to improve. This was the only stock that has excited me, because it has lots of potential and is affordable by many people. I could buy other stocks, but GOOG and AAPL are terribly too expensive. I plan on sitting on this stock for at least 1 year. I will ride out any storm that comes my way in that amount of time.

LMFAO "oh i thought i didn't need that" i bet in your head you were like "go kick your mom in the ass for me when you get home " 08mazda2.0
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post #2 of 47 (permalink) Old 03-22-2008, 09:50 PM
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Re: Sprint/Nextel stock

i was very unsatisfied with sprint so i switched to tmobile.

sprints service was terrible. i was roaming literally 50% of the time (in houston effing texas at that), calls dropped, couldnt answer, etc. and i was paying in upwards of 80 a month for only like 500 minutes. :shock:

tmobile im getting more, paying less, and just got a new blackberry curve for 50% of msrp after only being with them a year.

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post #3 of 47 (permalink) Old 03-22-2008, 10:01 PM Thread Starter
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Re: Sprint/Nextel stock

I know the service is horrible. I'm with AT&T and my family member is with Sprint/Nextel. He's been a long time supporter of Sprint, but with the price dropping so fast, it would be foolish not to buy some stock. If I was able to break even after one year I would still be satisfied. I would have lost some interest if I could have invested the money elsewhere, but you never know I could double up easily. I'm hoping the company gets bought out, or the new CEO does a complete 180 with the company and the stock starts to travel into double digits. It has a lot of work to do to compete with T-Mobile, AT&T, and Verizon. Sprint will never be number 1 again, but I feel the company has potential to becoming a good cellphone service provider again. I don't doubt at all that Sprint is terrible. My family member loves how he can get unlimited data and I can't remember how many minutes for $30/month. Poor Sprint they are hemorrhaging customers like crazy.

LMFAO "oh i thought i didn't need that" i bet in your head you were like "go kick your mom in the ass for me when you get home " 08mazda2.0
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post #4 of 47 (permalink) Old 03-23-2008, 07:05 PM
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Re: Sprint/Nextel stock

[quote author=weezerfan84 link=topic=106474.msg2173272#msg2173272 date=1206237673]
I know the service is horrible. I'm with AT&T and my family member is with Sprint/Nextel. He's been a long time supporter of Sprint, but with the price dropping so fast, it would be foolish not to buy some stock. If I was able to break even after one year I would still be satisfied. I would have lost some interest if I could have invested the money elsewhere, but you never know I could double up easily. I'm hoping the company gets bought out, or the new CEO does a complete 180 with the company and the stock starts to travel into double digits. It has a lot of work to do to compete with T-Mobile, AT&T, and Verizon. Sprint will never be number 1 again, but I feel the company has potential to becoming a good cellphone service provider again. I don't doubt at all that Sprint is terrible. My family member loves how he can get unlimited data and I can't remember how many minutes for $30/month. Poor Sprint they are hemorrhaging customers like crazy.
[/quote]

The plan your brother has is the SERO plan. For $30 you get 500mins and unlimited data and text messages. Bargain for people that don't talk much and use internet on their phones.


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post #5 of 47 (permalink) Old 03-23-2008, 07:40 PM Thread Starter
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Re: Sprint/Nextel stock

Yeah, that's the plan my cousin has. I just got my account setup this weekend so I'm looking to be purchasing this stock by the end of the week. I know my first post was that I bought the stock, but I was looking to see what people had to say about the investment. I think my g/f wants to get involved for about the same amount as well. We are either gonna buy 100 shares or buy $1000 worth the stock. We've at least both agreed on buying 100 shares each. I'm thinking this will be a good investment over the next year.

LMFAO "oh i thought i didn't need that" i bet in your head you were like "go kick your mom in the ass for me when you get home " 08mazda2.0
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post #6 of 47 (permalink) Old 03-23-2008, 10:35 PM Thread Starter
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Re: Sprint/Nextel stock

Also been searching around the interwebz and it appears Dan Hesse has a lot of work ahead of him. As I mentioned the customer service is horrible and he is looking to improve that aspect. The company is also looking to do a unlimited plan as well. There's speculations that the company will do a plan between $60-80 per month. That is unlimited talk, text, and internet data. The company used EDVO as it's internet connection at the moment. I've read that Sprint customers that use it are very much so satisfied with it. The main complaints with Sprint is their service roams A LOT, and many drop calls and connection errors. Sprint/Nextel is working on Wimax, which could very easily be their answer to AT&T's 3G network. It's been speculated that Wimax could be like 4G (if AT&T was to ever come out with that coverage). This "Wimax" is speculated to be ahead of AT&T and Verizon's current internet services. So if Sprint/Nextel can get in gear through the remaining 3 quarters of this year; things could look optimistic for Sprint/Nextel in 2009. So far Dan Hesse has had nothing to say about the Wimax service though. Sprint/Nextel would prefer to reconsolidate Wimax and attempt to start it up as it's own company. Clearwire Corp and Intel Corp have talked with the company to help make it happen. The prior manager felt this was a good thing to purchase, however Hesse feels that it is not. I personally think it would be something great to launch sometime this year, but the product is costing the company too much money to get ready for public use. If this is scraped then Sprint/Nextel will definitely have to have all their ducks in a row.

Now I will attempt to explain why Sprint/Nextel merger. It appears Sprint and Nextel merged so Sprint could get ahold of the Wimax technology that is leaps and bounds ahead of what AT&T and Verizon use. The downside of this merger is that Sprint and Nextel are not compatible services by no means. Now you have two different phone companies who have merged that work off of two different networks. What has to happen is Sprint will decide to keep Nextel's network (which seems to be pretty terrible in the first place) or keep the network and attempt to make it work. Also if Sprint/Nextel can incorporate their unlimited plan to work just as well as AT&T or Verizon's than they can start to do better. It is sad to see the world's 3rd largest cellphone provider being traded at $6.37/share, but hopefully Dan Hesse will change that number over the next year.

At this time being I feel this stock would be a good purchase for all if you were willing to sit on it till 2009. I personally wouldn't suggest to invest a lot of money, unless you feel you have enough money that you could stand to lose. I don't have a large amount of money to lose, so I'm only getting 100-156 shares of stock. There's some mergers that seem to possibly work, but from the looks of things they aren't gonna work anytime soon. The only merger that I can see actually happening after reading on the interwebz is a foreign company from Mexico to get into the US market. T-Mobile has been speculated to buyout Sprint/Nextel, but it won't likely happen due to anti-trust issues. From what I've gained this weekend looking at this stock either an out of the country buyout will happen, the company will slowly improve, or it will continue to hemorrhage customers, build debt, and slowly die.


LMFAO "oh i thought i didn't need that" i bet in your head you were like "go kick your mom in the ass for me when you get home " 08mazda2.0
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post #7 of 47 (permalink) Old 03-26-2008, 05:22 PM Thread Starter
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Re: Sprint/Nextel stock

Looks like Clearwire, Google, and Intel Corp. are talking about taking WiMax and spinning off a company with it. This is what Sprint/Nextel is promoting to be the biggest thing offered for cellphone internet technology. This could be very explosive for CLWR, GOOG, and Intel Corp. over the next 6 months. The downside is this is speculation and the deal could still fall through.

LMFAO "oh i thought i didn't need that" i bet in your head you were like "go kick your mom in the ass for me when you get home " 08mazda2.0
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post #8 of 47 (permalink) Old 03-26-2008, 05:29 PM
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Re: Sprint/Nextel stock

I wouldn't use T-Mobile. T-Mobile is Deutsche telecom. Those bastards are trying to dick me over when I was in Germany. They claim they were on an "analog" system so your final bill isn't your final bill. I left in October yet they claim I owe them through July of the next year, even though I was gone from the country in October. LOL. Yeah, like they leave the service on for eight months even though they never got a payment.

Dickheads had creditors calling me over some shit six years prior. I swore that if that's how they treat customers then I wasn't going to do business with them anywhere.


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post #9 of 47 (permalink) Old 03-26-2008, 05:40 PM
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Re: Sprint/Nextel stock

if you want a company that will make you good money look into tourchmark corp. TMK is the ticker. i work for one of the companys thats under them. stock

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post #10 of 47 (permalink) Old 03-26-2008, 07:28 PM Thread Starter
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Re: Sprint/Nextel stock

I can't afford TMK stock. I'm looking for stocks that are currently costing less than $10/share. It would take me too much money to buy enough TMK stock to make it worthwhile. There's just no way that I could afford it.

LMFAO "oh i thought i didn't need that" i bet in your head you were like "go kick your mom in the ass for me when you get home " 08mazda2.0
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