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