Sprint Nextel Corporation (S) Message Board

Sponsor

To: Joseph Busch who wrote (106)	1/22/1999 8:29:00 PM
From: Laguna	of 1683

That is a hard one to answer without knowing the reason for the run up and then drop today. I can find no concrete answer. Some theories from other boards are: Frightened internet investors are seeking safer pastures. Daytraders have discovered PCS. Investors are just now finding out the potential of the PCS market. Depending on the general market atmosphere, there is certainly the possibility that all stocks could face some type of correction but putting a dollar amount is almost impossible. I feel that PCS has the potential to be more successful than ATI based on product, performance and promise and am investing for the long term. If you look back at ATI, they hovered in the 20's and 30's for years never quite getting off the ground and then away they went. Sprint has been accomplishing their network buildout for the last two + years and seems to have a much more aggressive business plan. If you are looking to get into PCS to make a quick buck, probably not the stock for you. If you are looking to have a stable investment that should consistently grow, then I feel that PCS is about as good a place as any.