PhoneCardSmile.Com Logo
E-mail: Password:
Welcome to
Sprint Phone Card News, Sprint Calling Card
Sprint shares drop sharply

Date: 3/13/2008 1:55:03 AM

Sprint Nextel Corp. shares plummeted Tuesday after a Wall Street analyst cut his earnings forecast for the Overland Park company.

Shares fell as low as $5.55, down about 16 percent. At midday they were trading at $6.13, down 59 cents, or about 9 percent, on heavy volume.

Michael Nelson, an analyst for Stanford Group in New York, issued a report that lowered his projection for Sprints 2008 earnings per share, after certain adjustments, to 23 cents from 46 cents.

The company is likely to take longer than expected to return to growth in earnings after certain adjustments, Nelson wrote in the report.

We maintain our Hold rating on shares of Sprint, Nelson wrote. Sprint is a Show Me story, in our view, as management must demonstrate an ability to successfully execute against its restructuring plan before we feel comfortable recommending the stock.

** Check out our China Calling Cards
PCS Tags: Phone Card China, China Phone Cards, China Prepaid Calling Cards, China International Phone Cards
** Top Selling Phone Card: African Dream Phone Card  Phone Card News Stats


<-- Back

International Phone Card Search

Calling From United States to:
Phone Card Name (Optional):
Provide Local Access in

Navigation Links:

Live Help!

My Rewards Program

Secured and Verified by:
About SSL Certificates
HACKER SAFE certified sites prevent over 99.9% of hacker crime.
Discover, Master, Visa, American Express
Your current IP is:

Phone Card Rates
Brazil Phone Card, Brazil Calling Card Flag   Brazil 0.2¢ Canada Phone Card, Canada Calling Card Flag   Canada 0.1¢
China Phone Card, China Calling Card Flag   China 0.1¢ Egypt Phone Card, Egypt Calling Card Flag   Egypt 3.1¢
France Phone Card, France Calling Card Flag   France 0.1¢ Germany phone card, Germany calling card flag   Germany 0.1¢
Iraq Phone Card, Iraq Calling Card Flag   Iraq 1.0¢ india phone card, india calling card flag   India 0.1¢
italy phone card, italy calling card flag   Italy 0.1¢ Japan Phone Card, Japan Calling Card Flag   Japan 0.3¢
Korea South Phone Card, Korea South Calling Card Flag   S. Korea 0.1¢ Mexico Phone Card, Mexico Calling Card Flag   Mexico 0.4¢
Nigeria Phone Card, Nigeria Calling Card Flag   Nigeria 2.8¢ Philippines Phone Card, Philippines Calling Card Flag   Philippines 4.6¢
Russia Phone Card, Russia Calling Card Flag   Russia 0.3¢ Taiwan Phone card, Taiwan Calling Card Flag   Taiwan 0.1¢
South Africa Phone Card, South Africa Calling Card Flag   S. Africa 0.9¢ USA Phone card, USA Calling Card Flag   USA 0.3¢
UK Phone Card, United Kingdom Calling Card Flag   UK 0.1¢ USA Phone card, USA Calling Card Flag   Vietnam 0.8¢
Phone Card News

More News...