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Gerard Hallaren, CFA  

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  • What Do 1,750 New Stores Mean For Sprint? [View article]
    They certainly do have a long way to improve here. Thankfully, Claure and Massa Son know this and it is no longer getting worse.
    Feb 18, 2015. 10:07 PM | Likes Like |Link to Comment
  • What Do 1,750 New Stores Mean For Sprint? [View article]
    Not to mention BrightStar! (largest buyer of handsets in the world)
    Feb 18, 2015. 10:05 PM | Likes Like |Link to Comment
  • What Do 1,750 New Stores Mean For Sprint? [View article]
    Massa bought the 2% of Sprint that brought him to 80% at very attractive prices in the market. The stock is lower now. The company has made good progress since Claure joined. You might have something there.
    Feb 18, 2015. 01:37 PM | 3 Likes Like |Link to Comment
  • What Do 1,750 New Stores Mean For Sprint? [View article]
    Its not just high industry margins. Mobile Broadband is a high fixed cost business. Incremental revenue expands the bottom line faster than the revenue line.
    Feb 18, 2015. 01:35 PM | Likes Like |Link to Comment
  • What Do 1,750 New Stores Mean For Sprint? [View article]
    well said
    Feb 18, 2015. 01:32 PM | Likes Like |Link to Comment
  • What Do 1,750 New Stores Mean For Sprint? [View article]
    Are you related to Dan Hesse? He preferred to keep spectrum assets idle and wanted to leverage the company with an acquisition. Personally, I feel better about managements that employ their assets before borrowing to get more.
    Feb 18, 2015. 01:31 PM | 2 Likes Like |Link to Comment
  • What Do 1,750 New Stores Mean For Sprint? [View article]
    Another happy Moffett Nathanson client no doubt.
    Feb 18, 2015. 01:28 PM | Likes Like |Link to Comment
  • What Do 1,750 New Stores Mean For Sprint? [View article]
    At one time, when Sprint/Nextel was the only brand carried, Radio Shack did a lot of business. It was still a hard sell for most of the emps because compensation on cell phones is so different from the rest of Radio Shack. When Radio Shack carried additional brands, business declined. The sales people did not know what to sell to who or how each carrier compensated them differently. I would bet that in the last 6 months Radio Shack activated fewer customers than in the last 6 months of its Sprint exclusive.
    Feb 18, 2015. 01:27 PM | Likes Like |Link to Comment
  • What Do 1,750 New Stores Mean For Sprint? [View article]
    That would have been my comment. Your thoughts are right on.
    Feb 18, 2015. 01:22 PM | Likes Like |Link to Comment
  • What Do 1,750 New Stores Mean For Sprint? [View article]
    You are right, I don't think consumers will be excited about a marriage between Radio Shack and Sprint.

    There may be other things worth considering:

    Cost
    Perhaps I've missed it but do we know what Sprint is paying? I suspect it the Radio Shack store within a store will cost less than dedicated retail stores.

    At one time Radio Shack was a meaningful channel for cellular phones and service. As Radio Shack lost its broader relevance, it lost position in mobile. This may sound funny, but it does take more skill to sell a mobile phone and plan than speakers, televisions, or DIY electronics. I think a Sprint store within a store will sell more phones and services than the Radio Shack sold with more choices.

    While they have not said it, having a Radio Shack presence may give Sprint the freedom to eliminate existing corporate stores.

    Brand Shining
    You believe that Sprint and Radio Shack are both tarnished brands. Again, I agree with you. The difference is that Sprint is changing and Radio Shack did not. T-Mobile's sudden rebound shows that there is little to no customer loyalty in mobile communications. Stores and store brands are another story.

    Sprint's network improvements brought its RootMetrics rank to 3 from 4. The consumer report survey you mentioned represents perceptions for a prior period. It will take a while for perception to catch up with reality.

    Sprint's retail stores are about the industry's worst. I expect it will prove easier to create new doors than fix the old ones. I expect Sprint's store within a store will also provide better service than most corporate stores.

    I hope you found these thoughts worth considering.
    Feb 17, 2015. 12:30 PM | 5 Likes Like |Link to Comment
  • Sprint: When Bulls Run With Bears [View article]
    Nice work!

    My guess is that excluding its 2.5 GHz spectrum, Sprint is worth $8.00 or more in liquidation. Sprint has a little more than twice as much spectrum as the FCC is currently auctioning. Lets just say the spectrum is worth half as much. This would bring total proceeds to $19.00.
    Jan 21, 2015. 03:33 PM | 3 Likes Like |Link to Comment
  • Blackphone Takes Aim At BlackBerry [View article]
    In response to Crispin above you provided a link to a BES4 BlackBerry Documentation page describing the "public" encryption technology you suggest.

    http://blck.by/1zykAbV
    Dec 22, 2014. 09:43 AM | 1 Like Like |Link to Comment
  • Blackphone Takes Aim At BlackBerry [View article]
    The link you sent regarding encryption is a BES4 release.
    Dec 19, 2014. 07:13 AM | Likes Like |Link to Comment
  • Blackphone Takes Aim At BlackBerry [View article]
    KIA -- you are a smart guy. Why do you call attention to features of BES 4 and not BES 10 or 12?
    Dec 18, 2014. 08:16 PM | Likes Like |Link to Comment
  • Blackphone Takes Aim At BlackBerry [View article]
    Blackphone tumbling Blackberry is as likely as Blackberry tumbling Apple.
    Dec 18, 2014. 04:59 PM | 2 Likes Like |Link to Comment
COMMENTS STATS
283 Comments
296 Likes