Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of American telecom Sprint Nextel
So what: Analyst firm BTIG Research released a report this morning, saying that recent fears about Sprint's financial condition are "overdone." That opinion also drew a sigh of relief from Clearwire
Now what: Today's jump notwithstanding, Sprint shares have dropped 13% over the last week. The company recently made drastic changes to its data network plans that may leave Clearwire out in the cold -- and yes, will require very large capital investments that the company can't afford today. When elephants dance the way Verizon
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