Archived from groups: alt.cellular.cingular,alt.cellular.verizon,alt.cellular.sprintpcs (
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In article <AGnQd.1257$9J5.1203@newsread2.news.atl.earthlink.net>,
"Bob Smith" <usirsclt@earthlink.net> wrote:
> "Jack Zwick" <jzwick3@mindspring.com> wrote in message
> news:jzwick3-83D90A.06060115022005@news1.east.earthlink.net...
> > In article <LVbQd.873$9J5.808@newsread2.news.atl.earthlink.net>,
> > "Bob Smith" <usirsclt@earthlink.net> wrote:
>
> <snipped>
>
> > > I doubt it Jack, considering the comments from Bell South Management
> today -
> > >
>
http://finance.myway.com/jsp/nw/nwdt_ge.jsp?news_id=dji-00062620050214&feed=dj
> > > i&date=20050214
> >
> > If you were about to buy a company, you'd keep it secret and issue a
> > denial, lest the stock price be bid up, and it cost you Billions extra.
> >
> > So that press release should be ignored. The general rule of thumb is
> > they're not trying to buy a company until they issue a denial that they
> > are. We now have that denial.
> >
> > If they weren't interested in buying Sprint, there'd be no need to issue
> > a denial.
>
> That does not make logical sense, considering the text they did use in the
> PR they did issue. Plus, if we go by your reasoning, they then not only lied
> to their stockholders, then issued a false and misleading statement that the
> SEC would jump all over.
>
> >
> > > In addition, considering that Sprint not only includes LD, they have
> SPCS.
> > > In the other deals, SBC bought ATT, the LD + company (no wireless), and
> > > Verizon bought MCI +company with no wireless.
> >
> > > As Sprint is doing the deal with Nextel, knocking out one more
> competitor in
> > > the wireless field, I doubt seriously whether the FCC or the FTC would
> allow
> > > Bell South to take out one more cellular competitor.
> >
> >
> >
> > And if BellSouth were to buy Sprint, they might easily keep the long
> > distance, and spin off and/or sell the other pieces you mention; either
> > cause thats what they want to do, or because the FTC or FCC might
> > require such to allow the sale to go through.
> >
> > BellSouth needs to add LongDistance lines like Verizon and SBC just did
> > or it will become an also ran like Qwest.
>
> ::Knocking on wood here::, but IMHO, that never happen, considering that the
> wireless division is the future of the company, and the most valuable part
> of the company ...
What a terribly short memory Mr Smith has. From the day Cingular
announced its purchase of ATTWS up until the day Sprint agreed to merge
with Nextel, Sprint was saying EXACTLY what BellSouth is saying now. You
find us a press release saying "Sprint is planning a major acquisition".
Flat doesn't happen. Corporation don't telegraph their actions.
=======
Now I'm not saying BellSouth WILL buy Sprint, but it's logical for them
to do so, and Sprint's best defense would be to buy Qwest.