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Get $100 from Sprint for irritating your friends

Sprint offers a $100 referral fee, but you may lose friends in the process.

It's no secret that Sprintisn't enjoying the best of the times at the moment. Though the carrier narrowed its loss in the fourth quarter of 2008, it lost 1.3 million subscribers during the same period.

As that loss is far from an isolated incident, it's not surprising Sprint is now offering existing customers a $100 referral fee for bringing new subscribers to the carrier. All you need to do is enter the names and e-mail addresses of up 12 of your friends on a special Web site. Sprint will send the chosen few an e-mail inviting them to switch and you'll get your money after they have service for 30 days.

Though the idea of a $100 prize--or a $1,200 prize if all 12 of your friends switch--sounds attractive, I wonder if it's worth irritating your pals with a nagging e-mail from Sprint. Sure, they'll get a $25 Visa gift certificate if they make the jump, but I'd still check with them first.