MetroPCS Communications, Inc. (PCS)

[bowonwing]

S&P "fair value" for PCS is $11.20 as of October 20, 2009
Here is the Vanguard re: GS downgrade: 03:05 pm ET ... LEAP WIRELESS INTERNATIONAL, INC. (LEAP 13.37) DOWN 0.65,
GOLDMAN CUTS LEAP WIRELESS (LEAP), METROPCS (PCS) TO NEUTRAL FROM
BUY... Analyst Jason Armstrong tells salesforce downgrades both LEAP and PCS
as he expects a variety of NT negative catalyst to serve as an overhang on both
stocks. While continues to believe both cos have low-cost leadership in the
unlimited prepaid space, should benefit from a secular shift from wireline to
wireless, believes new competition has greater tolerance for limited profitability
than other competitors have shown in the past, thus continuing to negatively
impact trends near-term. Cuts LEAP target to $16 from $26, PCS to $7 from
$14./Trombino