Will Sprint go bankrupt?
 

I know some of you worked there.

What's their main problems? Bad service?

Their stock has tanked. http://finance.yahoo.com/q?s=S

Year-over-year operating income is down 69 percent. They're expected to lose another 1.2 million subscribers (out of 53.8M) this quarter, about the same amount it lost in all of 2007. He said it could lose even more customers in the second quarter.

So yeah, I'd say it's a strong possibility.

http://www.nytimes.com/2008/02/29/te...059ae9c5a5e%0A

I've heard they're going to the new technology and stocking up on tin cans and string.

no, Hesse seems to actually care about turning this thing around and not just getting all the bonus money he can *cough cough Forsee cough cough Esrey cough cough*

yes i do and have worked at Sprint a while. if Hesse didn’t seem legit on changing things and getting the company to succeed then the answer is yes. Just like the wheel on wheel of fortune says. BANKRUPT

as for the stock price..it can drop all it wants. the lower it gets the cheaper it is to buy and the bigger the gains when everything gets turned around.

everyone wants to bag on sprint but what is overlooked is that Hesse is actualy discussing its issues instead of making excuses and not fixing them. trust me he knows we have a CS issue as well as a churn issue for starters. knowing where you need to go is half the battle after all.

http://www.lumpen.com/events/popup/GIJoesFiday_8pm.jpg

Some person advised buying their stock because it's so low.

I said wait a sec....... they might go bankrupt!

From what I have read, the problem is that their subscribers are fleeing.

The organization constantly being in flux probably doesn't help either.

A site I looked at the other day had them rated at "Sell" unless I'm mistaken

poor leadership didnt help us much either.

Contrarian risk takers who think the stock wont go down further and only has upside.

Bad customer service

Bad signal, in their home city (KC) nonetheless. That's why I switched to Verizon.

Sprint is a bad combo of poor coverage/technology and arrogant, lazy customer service. Other than that, it's a great company to do business with. I left them as soon as I possibly could after seriving my 2 year contract/sentence.

Ditto this. I was losing calls in my living room, for ****s sake.

Buy on the margin 110 share cash it out then when the price goes down buy 110 shares returned and keep the profit.

LMAO


I've been told by a couple of employees there was a time when Sprints service wouldn't work on their campus.