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Wall Street Report - Sprint merger

Forum Mobility Networks : Sprint PCS - Wall Street Report - Sprint merger

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Anonymous   05-06-2004 at 06:24:23 PM

Archived from groups: alt.cellular.sprintpcs (More info?)

 

This rumor has Sprint as the buyer.

http://www.thestreet.com/_yahoo/te [...] 58587.html


Discusses Sprint buying up MCI (formerly Worldcom).
That would be ironic.

You may recall MCI Worldcom tried to buy Sprint back in 1999, when it
would have cost Worldcom $129 Billion. Today Sprint could be bought for
under $26 Billion with its lower stock price.
The Federal Government refused to allow the buy up go through.

At current stock prices, MCI is worth $4.52 Billion, certainly something
Sprint could afford either by a stock swap, or an Investment Banking
Deal.

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Anonymous   05-08-2004 at 12:11:38 AM
- 0 +

Archived from groups: alt.cellular.sprintpcs (More info?)

 

In article <Rmm-08DFEF.07242206052004@news6.west.earthlink.net>,
Rmm@yahoo.com says...
>
> Discusses Sprint buying up MCI (formerly Worldcom).
> That would be ironic.
>

Know what's really ironic? You declaring this "discusses Sprint
buying up MCI". The summation of what's said?

"Of course, while some industry watchers say that while Wall Street
would welcome a deal, there's little evidence to suggest that
anything is imminent."


--
RØß
O/Siris
I work for Sprint PCS
I *don't* speak for them

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