Tuesday, April 19, 2005

Eye On Stocks For Wednesday, Apr. 20 - Forbes.com

Eye On Stocks For Wednesday, Apr. 20 - Forbes.com

Sprint (FON) continues to be one of our favorite long term holdings. Forbes reports that Merrill Lynch has reiterated its buy on the company. The reason I like it is its unique position in the cell phone business.

Comcast and other cable companies may contract with Sprint to offer combo phone service. The cable companies are not likely to pair up with the Baby Bells. ESPN and several others plan to offer cell service through the back bone of FON.

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