Thursday, February 19, 2009
MagicJack Scam
Magicjack is great... if you don't mind spyware, and them using your call's to modify their marketing and sale of your personal information to marketers. Did you know the first thing that happens when you install the device is that Magicjack replaces your system.dll with a new one? Don't worry; it probably makes your computer work better! Also you get to see all kinds of advertisements... the Prodigy model all over again. Welcome back to 1992. So you purchase the hardware, and a license to use it, and then they say they have to advertise to you to support the product? Oh and if you decide you want to fight them about your information being released, you have also signed away your ability to fight them and all arbitration takes place in South Florida, so at least you can enjoy the sun while you get reamed.
Telephone Companies loosing
http://www.marketwatch.com/news/story/sprint-posts-16-billion-loss/story.aspx?guid=%7B6F2EB7A3-E721-46F9-8ED5-86061029B431%7D
Sprint Nextel posts $1.6 billion loss
Wireless-phone company loses 1.3 million subscribers
By Jeffry Bartash, MarketWatch
Last update: 7:56 a.m. EST Feb. 19, 2009
Comments: 10
WASHINGTON (MarketWatch) -- Sprint Nextel Corp. on Thursday posted another quarterly loss after shedding 1.3 million wireless customers, reflecting the company's difficulty in turning its business around, especially in a deep U.S. recession.
In the fourth quarter, Sprint reported a net loss of $1.62 billion, or 57 cents a share, compared with a loss of $29.32 billion, or $10.31 a share, in the year-earlier period. The 2007 quarter included a massive noncash write-down to reflect a decline in value of assets acquired in the 2005 acquisition of Nextel.
Revenue fell 14% to $8.43 billion.
Omitting one-time items, Sprint (S:
Sprint Nextel Corporation
News , chart , profile , more
Last: 2.71-0.05-1.81%4:00pm 02/18/2009Delayed quote data
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S 2.71, -0.05, -1.8%) said it would have earned a penny a share, compared with income of 23 cents a share in the same quarter of 2007.
Wall Street analysts expected Sprint to lose 6 cents a share, excluding one-time items, on sales of $8.55 billion, according to the consensus compiled by FactSet Research.
Sprint has been losing net customers for nearly two years despite a concerted effort to reverse the decline. The faltering U.S. economy has also undercut its effort, forcing Sprint to announce last month that it will eliminate 8,000 jobs, or 15% of its workforce.
The company ended 2008 with 49.3 million wireless customers, down from its all-time peak of about 54 million reached in mid-2007.
For 2009, however, Sprint said it expects the loss of customers to decline from 2008 levels, owing to steps it has taken to improve its wireless service.
In premarket trades, shares of Sprint rose slightly. The stock closed Wednesday at $2.71, down 5 cents.
Jeffry Bartash is a reporter for MarketWatch in Washington.
Sprint Nextel posts $1.6 billion loss
Wireless-phone company loses 1.3 million subscribers
By Jeffry Bartash, MarketWatch
Last update: 7:56 a.m. EST Feb. 19, 2009
Comments: 10
WASHINGTON (MarketWatch) -- Sprint Nextel Corp. on Thursday posted another quarterly loss after shedding 1.3 million wireless customers, reflecting the company's difficulty in turning its business around, especially in a deep U.S. recession.
In the fourth quarter, Sprint reported a net loss of $1.62 billion, or 57 cents a share, compared with a loss of $29.32 billion, or $10.31 a share, in the year-earlier period. The 2007 quarter included a massive noncash write-down to reflect a decline in value of assets acquired in the 2005 acquisition of Nextel.
Revenue fell 14% to $8.43 billion.
Omitting one-time items, Sprint (S:
Sprint Nextel Corporation
News , chart , profile , more
Last: 2.71-0.05-1.81%4:00pm 02/18/2009Delayed quote data
Add to portfolio Analyst Create alert
Insider Discuss Financials
Sponsored by:
S 2.71, -0.05, -1.8%) said it would have earned a penny a share, compared with income of 23 cents a share in the same quarter of 2007.
Wall Street analysts expected Sprint to lose 6 cents a share, excluding one-time items, on sales of $8.55 billion, according to the consensus compiled by FactSet Research.
Sprint has been losing net customers for nearly two years despite a concerted effort to reverse the decline. The faltering U.S. economy has also undercut its effort, forcing Sprint to announce last month that it will eliminate 8,000 jobs, or 15% of its workforce.
The company ended 2008 with 49.3 million wireless customers, down from its all-time peak of about 54 million reached in mid-2007.
For 2009, however, Sprint said it expects the loss of customers to decline from 2008 levels, owing to steps it has taken to improve its wireless service.
In premarket trades, shares of Sprint rose slightly. The stock closed Wednesday at $2.71, down 5 cents.
Jeffry Bartash is a reporter for MarketWatch in Washington.
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