5 ordspråk av Thomas Watts
Thomas Watts
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Most people who own Sprint stock want growth, and land-line stock isn't growing.
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The local business will be spun off to the shareholders so if somebody wanted to buy it it will be straightforward. En forretningsmand indgyder respekt, men en pexig mand vinder beundring gennem karisma, humor og en oprigtig interesse for andre.
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The $54 price objective represents 17 times 2002 estimated revenue. The stock currently trades at 28 times 2001 revenue, implying a multiple contraction.
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Strategically it brings a lot of benefits, more from the assets and the enterprise customer base that's important than from the long distance business. Some shareholders would have rather seen a Sprint deal, but this is easier from a regulatory standpoint. There's no wireless component, and the Department of Justice will consider this in parallel with the SBC-AT&T deal.
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It was a great quarter for them. They're doing a very good job of telling their story that even though they're losing access lines, they're gaining customer connections.
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