Craig Moffett Single Handedly Tanks Sprint Stock

Who the *bleep* is Craig Moffett ?

It will be interesting to see what they decide to do with the company once it goes bankrupt though, will they sell off the assets to Verizon and US Cellular, or will they file Chapter 11 and try to restructure.

Restrictions on Personal Trading by Analysts — The rule changes bar analysts and members of their households from investing in a company's securities prior to its initial public offering if the company is in the business sector that the analyst covers. In addition, the rule changes require "blackout periods" that prohibit analysts from trading securities of the companies they follow for 30 days before and 5 days after they issue a research report about the company, and also prohibits analysts from trading against their most recent recommendations—subject to exceptions for unanticipated significant changes in the personal financial circumstances of the beneficial owner of a research analyst account.

Significance of the Change: Prohibiting analysts from trading around the time they issue research reports should reduce conflicts arising from personal financial interests.

Disclosures of Financial Interests in Covered Companies — The rule changes require analysts to disclose if they own shares of recommended companies. Firms are also required to disclose if they own 1% or more of a company's equity securities as of the previous month end.

Significance of the Change: Requiring analysts and securities firms to disclose financial interests can alert investors to potential biases in their recommendations.

Just did a quick read and apparently analysts and their firms can have positions in their covered companies, albeit restrictions do exist. All the more reason clients and investors need to understand the FD....if they're using the analysis. Due diligence for the win

Do you understand what a blind trust is? Blind trusts serve to mitigate the potential conflicts of interest.

Ok, so you're assuming everyone is a criminal?

Since you can't seem to imagine a single hardworking, honest person in the financial world, I guess we're done. FWIW, I have a few friends in the financial world and I consider them honest and helpful.

... and they take their orders from the next guy up, who takes their orders from the next up, and the next and the next until they're up to the people who control the shots.

In the branch level of banks, I've watched Wells Bankers come and go at least every 2 months. On the investment side, same thing - some do well, others are always on the move.

craig moffett.. %^#&$*^ you greedy s.o.b.

Sprint Nextel @ $2.75/share

They won't die. They'll file a chapter 11 and keep it moving. Two years from now Craig Moffett is gonna wish he'd invested in Sprint.

Last year in October, Hesse revealed that the company is placing a massive $15.5 billion bet on Apple’s iPhone, and in a recent interview with the GSMA’s Mobile World Live blog, Hesse defended the move, which has been criticized by a number of industry watchers. Read on for more.

“Subsidises are heavy for the iPhone. This is the reason why a high percentage of new customers is important,” Hesse said during the interview. “But iPhone customers have a lower level of churn and they actually use less data on average than a high-end 4G Android device. So from a cost point of view and a customer lifetime value perspective. They’re more profitable than the average smartphone customer.”

Hesse stated that iPhone sales have “exceeded expectations” thus far, and he claimed Sprint is stealing customers away from AT&T and Verizon Wireless thanks to the iPhone. ”Four out of every 10 iPhones we sold [in the fourth quarter] are for new customers. That’s roughly double the rate of either of our competitors, so we’re pulling a lot of customers from our competitors,” he said.

”The marriage made in heaven is unlimited plus the iPhone,” he said during the interview. “My plan is to continue for as long as we can, hopefully forever. The customers have spoken very clearly on this: they like simplicity and unlimited. It’s a differentiator in the market.”

Why is sprint deploying LTE when they have a sizable WiMAX network set up? They should forget LTE and focus on continuing to build their current network. It would be cheaper, and many sprint customers already have a WiMAX capable device.

It was a stupid move to buy Nextel and then go with WiMax as a premature 4G technology.

Sprint has made so many stupid mistakes. I'm surprised they have made it this far without bankruptcy.