Just like you never want to hear a doctor say "oops" in the operating room, you never want to see a going-concern statement in a financial report about a company you own. Accountants throw these in when they've been over the books, talked to customers, and checked the horoscopes and have concluded there is "substantial doubt" about a company's ability to remain in business. In short, don't blame the accountants if the company files for bankruptcy protection.

You¿d reckon that a going-concern statement would be enough to send investors running to the exits, but it's not. True, many large institutions automatically bail when an existing company gets slapped with one of these, but many individuals (often wrongly) take a chance they know more than the bean counters.

During the tech boom of the late 1990s, many companies actually went public even though they had been hit with going-concern statements. Many of those companies subsequently disappeared. Enough said.

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Wednesday, May 14, 2008

MetroPCS Communications, Inc. to Present at Lehman Brothers Investor Conference

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Comtex

DALLAS, May 14, 2008 (BUSINESS WIRE) ----J. Braxton Carter, Executive Vice President and Chief Financial Officer of MetroPCS Communications, Inc. (NYSE: PCS), will speak at 9:30 a.m. Eastern Time on Wednesday, May 28th at the 2008 Lehman Brothers Worldwide Wireless and Wireline Conference, in New York City.

A live webcast of the event will be available on the Company's website, www.metropcs.com, within the Investor Relations section on Wednesday, May 28, 2008, at 9:30 a.m. ET. An on-demand replay will be available shortly after the conclusion of the presentation.

To automatically receive MetroPCS financial news by e-mail, please visit the Investor Relations section of the MetroPCS website, www.metropcs.com, and subscribe to E-mail Alerts.

About MetroPCS Communications, Inc.

Dallas-based MetroPCS Communications, Inc. (NYSE: PCS) is a provider of predictable, affordable and flexible unlimited wireless communications service for a flat-rate with no signed contract. MetroPCS owns or has access to licenses covering a population of approximately 149 million people in 14 of the top 25 largest metropolitan areas in the United States, including New York, Philadelphia, Boston, Miami, Orlando, Sarasota, Tampa, Atlanta, Dallas, Detroit, Las Vegas, Los Angeles, San Francisco and Sacramento. As of March 31, 2008, MetroPCS had approximately 4.4 million subscribers and offers service in the Miami, Orlando, Sarasota, Tampa, Atlanta, Dallas, Detroit, Los Angeles, San Francisco, Las Vegas, and Sacramento metropolitan areas. For more information please visit www.metropcs.com.

SOURCE: MetroPCS Communications, Inc.

MetroPCS
   Communications, Inc. Keith Terreri, 214-570-4641 Vice President - Finance & Treasurer investor_relations@metropcs.com
   or Joele Frank, Wilkinson Brimmer Katcher Joele Frank / Dan Katcher / Jamie Moser, 212-355-4449