CNN article on the merger!!!
http://money.cnn.com/2005/08/23/technology/techinves ... »
NEW YORK (CNN/Money) - Sprint Nextel, the company created from the merger of the two wireless giants, has assumed the old ticker symbol of Sears, the single-letter "S."
The 19th letter of the alphabet is apt since it is also the symbol of Superman...and Sprint Nextel has certainly been the super hero among telecom stocks lately.
Shares are up 7 percent this year and 40 percent during the past 12 months. Compare that to the three major Baby Bells. BellSouth (Research), SBC Communications (Research) and Verizon Communications (Research) are all down year to date and during the past 52 weeks.
Will Sprint (Research) continue to be the darling of the telecom ...
(continues)
NEW YORK (CNN/Money) - Sprint Nextel, the company created from the merger of the two wireless giants, has assumed the old ticker symbol of Sears, the single-letter "S."
The 19th letter of the alphabet is apt since it is also the symbol of Superman...and Sprint Nextel has certainly been the super hero among telecom stocks lately.
Shares are up 7 percent this year and 40 percent during the past 12 months. Compare that to the three major Baby Bells. BellSouth (Research), SBC Communications (Research) and Verizon Communications (Research) are all down year to date and during the past 52 weeks.
Will Sprint (Research) continue to be the darling of the telecom ...
(continues)
...
