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Re: None

Sunday, 10/07/2012 10:23:15 PM

Sunday, October 07, 2012 10:23:15 PM

Post# of 489
About $13.40, "fair value." James Moorman at S & P raised his PCS target price to $13 from $11 on 10/5/12; still has a "Hold" rating; values deal between $11.50 to $13.50 a share. He also said he thinks Sprint will not offer a competing bid for PCS.
William Power with R.W. Baird has a $12.60 to $16 value per share for PCS.
Craig Moffett at Sanford Bernstein has "an optimistic view" of $18, with the $4 per share in cash.
Walt Piecyk with BTIG LLC has a $15 to $16 value.

Taking out the high and low estimates provides a $13.40 value for PCS.
($12.50 + $14.30= $26.80; div by 2= $13.40; (note these numbers are the averages of the estimates)