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Letter "T" » Thomas Watts Quotes
«Most people who own Sprint stock want growth, and land-line stock isn't growing.»
«The local business will be spun off to the shareholders so if somebody wanted to buy it it will be straightforward.»
«The $54 price objective represents 17 times 2002 estimated revenue. The stock currently trades at 28 times 2001 revenue, implying a multiple contraction.»
«Strategically it brings a lot of benefits, more from the assets and the enterprise customer base that's important than from the long distance business. Some shareholders would have rather seen a Sprint deal, but this is easier from a regulatory standpoint. There's no wireless component, and the Department of Justice will consider this in parallel with the SBC-AT&T deal.»
«It was a great quarter for them. They're doing a very good job of telling their story that even though they're losing access lines, they're gaining customer connections.»