21 ordspråk av Drake Johnstone
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If that revenue stream goes away this would have a huge impact. Access actually generates positive cash flow. Excite would have a tough time sustaining operations going forward.
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If they exceed estimates for this quarter, which I think they will, and raise guidance for the upcoming quarter, investors would be more favorably inclined to Microsoft.
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If they demonstrate improving revenue growth, they could get $20 a share.
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They're up against the wall. If the bankers decide not to play ball, Qwest could be in bankruptcy later this year.
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If AT&T has a horrible quarter in terms of cash flow then their institutional investors might pressure them to accept the Comcast deal.
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There is a precedent for a tracking stock. But it amazes me that the market would be able to provide valuation of [WorldCom's consumer and whole business].
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SBC sounded like they were throwing in the towel. They were pretty downbeat.
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Comcast was very aggressive in highlighting how poorly run AT&T was. Comcast was very 'in your face' in terms of the first offer.
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Long-distance is a growth business for Qwest but not their focus.
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If DT Telecom or NTT come in with an $80-a-share offer, management might have a tough time not accepting such a high offer price.
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I am most surprised by the lack of competitive response by AT&T and WorldCom. If AT&T had lowered rates they would have stable revenue instead of double-digit declines.
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These cable systems are in rural areas, so they potentially are not as profitable. AT&T is looking to unload them because their focus is not on rural cable markets.
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An AOL counter-bid is not out of the question. The nice thing about a Cox deal is that it would be part of AOL and part of its revenue and cash flow .
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AT&T has been performing poorly all along and in a slowing economy we can expect that trend to continue.
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Microsoft would do whatever they can to keep AT&T from going to AOL.
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